Socio-economic benefits

OLT industrial initiative ensures important opportunities first of all to the territory of Livorno, in which the main investments are concentrated, but also to the other municipalities that are involved.

In particular, these benefits involve three areas of intervention:

1. Environmental compensations

Alongside the activities related to the operation of the Terminal, a further demonstration of the effective socio-economic cooperation between OLT and the territory lies in a series of initiatives in favour of local communities. Most of these initiatives, planned during the plant’s authorization process and partly already completed, have an environmental purpose.

As agreed with the Tuscany Region in the authorization phase, with the Municipalities of Livorno, Collesalvetti and Pisa, OLT has agreed on the implementation of a series of initiatives, among which the main ones are:

    • Municipality of Livorno: contribution for the implementation of the door-to-door waste collection service
    • Municipality of Collesalvetti: contribution for the environmental requalification project of the urban center of Stagno
    • Municipality of Pisa: contribution for the construction of an equipped park in the public area “La Camilla” in Marina di Pisa
    • Tuscany Region, Province and Municipality of Pisa: reopening of the Incile Canal

2. Occupation

The plant provides a significant contribution to the employment in the territory. Overall, OLT guarantees employment to 142 people  (as at 31 December 2023). Specifically, 25 people are employed directly by OLT, the remaining workers are employed by the two main outsourcers of the Company, respectively: 78 by ECOS, responsible for the management of the Terminal, and 39 by the company Fratelli Neri, involved in the management of the support vessels.

3. Socio-economic opportunities

The OLT industrial initiative provides important opportunities first of all for the Livorno area, where the main investments are concentrated, but also for the other municipalities involved. In particular, the economic impact at a local level is estimated at around 400 million euro for 20 years, starting from 2013.  This amount includes a series of specific activities: from the management and the maintenance of the Terminal to the surveillance system, from the direct occupation to all the other services related to the environmental protection. In particular:

  1. OLT collaborates with many local companies, specialized in the fields of repair, maintenance, purchasing, warehousing and transportation, for the organization and the execution of activities related to the ordinary and extraordinary maintenance of the plant. Moreover, OLT employed also the persons responsible for the management of the Terminal. This activity generates an economical spin-off equal to about 10 million euro a year. Overall benefits for 20 years: 200 million euro.
  2. OLT signed 3 contracts for the activities of naval support (overall value: about 8 million euro a year) related to the tug boats service for the mooring of the LNG carriers to the Terminal (4.5 million euro a year for 2 tug boats), to the transport of personnel on board the Terminal (0.6 million euro a year), to the surveillance service of the Terminal by the Guardian Vessel “LNG Guardian” (2.6 million euro a year in operation) and for the Marine Base (about 0.3 million euro a year). Overall benefits for 20 years: 160 million euro.
  3. The collaboration with the Consortium of Marine Biology and Applied Ecology (CIBM) of Livorno generates an economic benefit of 950.000 euro a year, due to the provision of a twenty-year programme of monitoring for marine, physical, biological, chemical-physical, bathymetric and eco-toxicological surveys which will be carried out. Overall benefits for 20 years: 19 million euro.
  4. The fee for the occupation of state property amounts to approximately 0.5 million euro a year. Overall benefits for 20 years: 10 million euro.