Venice LNG, a subsidiary of Decal Spa Group, has received approval from the Italian government to construct and operate a new 32,000 m3 LNG terminal in Porto Marghera in Venice, Italy.
The Italian Ministry of Economic Development and the Ministry of Infrastructures and Transport, in agreement with the Veneto Region, have issued an official authorisation decree for the facility, which will be built on a brownfield site on the South Industrial Canal. The decree includes various requirements with which Venice LNG must comply during the construction and operation of the facility. These include using non-polluting materials during construction, mitigating dust and noise emissions, developing an environmental monitoring plan and limiting waste production.
The Venice LNG terminal will form part of the region’s fuel infrastructure for road and marine transport. LNG will arrive at the terminal in small and medium LNG carriers, for distribution by tank trucks, ISO tanks and barges.
Decal Spa Group will invest more than €100 million in the facility. The European Union will provide €18.5 million in funding through its Connecting Europe Facility (CEF).
‘We are pleased to have reached the authorisation decree, since it confirms the value of our project. Our project went through a long technical-administrative path, involving many authorities and local community too. Now, we are ready to give our contribution to promote the use of LNG, which plays a key role in the energy transition process,’ says Gian Luigi Triboldi, president and CEO of Venice LNG.