Italy : Gas Natural obtains environmental approval for its regasification terminal project in Trieste, Italy.Byline: Mamta03 Approval of the Environmental Impact Assessment (VIA) is the final stage in the process of obtaining authorisation from the national government, and the final planning stages are in the hands of regional authorities. The construction of the LNG LNG (liquefied natural gas): see under natural gas. terminal will not only help to clean up the Trieste Trieste (trēĕ`stā), Serbo-Croatian Trst, city (1991 pop. 231,100), capital of Friuli–Venezia Giulia and of Trieste prov., extreme NE Italy, on the Gulf of Trieste (at the head of the Adriatic Sea). port area but will contribute to the economic development of the region in general, and the city of Trieste in particular. From the perspective of the Italian energy industry, it will boost both the diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. and security of supplies in the country. The Italian Ministry of the Environment has approved the Environmental Impact Assessment (VIA) for the liquid natural gas regasification plant planned by the company in the port of Trieste-Zaule, in the Friuli Friuli (frē `lē), historic region, now divided between Friuli–Venezia Giulia, NE Italy, and Slovenia. Venezia Giulia Venezia Giulia (vānā`tsyä j `lyä), former region, 3,356 sq mi (8,692 sq km), NE Italy, on the Adriatic Sea. region, in the north east of
the country.
The Italian government officially notified the company today of the authorisation, given by the Italian Ministry of the Environment (MATT) and the Ministry of Cultural Heritage and Activities (MiBac). This approval is the final stage in the process of obtaining authorisation from the national government, and represents an important milestone in GAS NATURAL's strategy of becoming a truly integrated energy operator in Italy Italy (ĭt`əlē), Ital. Italia, officially Italian Republic, republic (2005 est. pop. 58,103,000), 116,303 sq mi (301,225 sq km), S Europe. , demonstrating the company's firm commitment to the future of energy in the country. GAS NATURAL began developing this project in 2004 and the approval of the Environmental Impact Assessment (VIA) comes after obtaining positive rulings from the Ministry of the Environment (20 June June: see month. 2008) and, more recently, from the Ministry of Cultural Heritage and Activities. Having obtained this approval, the planning process is now in the hands of the regional authorities for Friuli Venezia Giulia, who will give final approval to the project. A project with many benefits The Trieste regasification terminal is an on-shore project located in the town's port and will contain two 140,000 cubic metre Noun 1. cubic metre - a metric unit of volume or capacity equal to 1000 liters cubic meter, kiloliter, kilolitre metric capacity unit - a capacity unit defined in metric terms tanks with a planned regasification capacity of 8 bcm/year. Trieste is situated in the north east of Italy, close to the country's main areas of industrial consumption and with good connections to the national gas pipeline network. The company reached an agreement in August 2007 with the Italian gas transport operator, Snam Rete Gas, to connect the terminal to the national pipeline network. Once final authorisation has been obtained, the facility is expected to take 40 months to construct and put into operation. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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