OLT OFFSHORE LNG TOSCANA is a company based in Italy that focuses on contributing to the country's security of supply in the Industrial and Oil and Gas industries. Established in 2006, the OLT project involved the conversion of an existing LNG carrier, the "Golar Frost," into a floating regasification terminal. Known as "FSRU Toscana," the terminal is permanently anchored to the seabed 22 km off the coast between Livorno and Pisa, boasting an impressive maximum authorized regasification capacity of 3.75 Standard billion cubic meters a year, which is equivalent to approximately 5% of the nation's annual gas requirement. Additionally, it has a maximum regasification capacity of 15 Standard million cubic meters a day and a gross storage capacity of 137,100 cubic meters of LNG.
The innovative mooring system and single point of rotation at the bow enable the vessel to adapt to sea weather conditions, reflecting the company's commitment to operational flexibility and efficiency. With a clear focus on enhancing the availability and reliability of natural gas supplies, OLT OFFSHORE LNG TOSCANA plays a crucial role in shaping the energy landscape in Italy. As the company continues to grow, opportunities for strategic partnerships and investment may arise, potentially attracting venture capital firms seeking to capitalize on the evolving energy market. However, as of now, the company's most recent investment details are not available.
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