OLT Offshore LNG Toscana launches the tender for the Peak Shaving service of the Terminal “FSRU Toscana”

The company OLT Offshore LNG Toscana announces the launch of the tender for the Peak Shaving service for the third consecutive year. Starting from October 19^th 2015 to November 18^th 2015 it will be possible to view and download from the website of the company (www.oltoffshore.it) all the documents necessary to participate in the public tender procedure. The winner of the tender will need to supply an LNG carrier with a volume between 60,000 cubic meters and 100,000 cubic meters for unloading at OLT terminal in the period of December 1^st 2015 to December 31^st 2015.

The Peak Shaving service is one of the emergency measures established by the Decree of the Ministry of the Economic Development within the “Emergency Plan” to face unfavorable events for the national gas system, which may happen during the winter period of the Thermal Year 2015/2016, and to guarantee the security of the Italian Gas System. In case of emergency this service would allow, starting from January 1^st 2016 to March 31^st 2016, to insert gas in the network – previously unloaded and stocked into the tanks of the Terminal – at short notice with the aim to face peak requests of the gas system for a limited period of time.