OLT Offshore LNG Toscana announces that the Board of Directors has approved a new governance which provides for the appointment of Elio Ruggeri as Chairman and the confirmation of Giovanni Giorgi in the role of Chief Executive Officer.
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OLT Offshore LNG Toscana S.p.A (OLT) is an international company operating in the energy sector; specifically, it offers LNG regasification services from its floating terminal
FSRU Toscana. The terminal, anchored permanently 22 km off the Tuscany coast between Livorno and Pisa, contributes significantly to the Italian Gas System. With a maximum authorised regasification capacity of 3.75 billion m
3/y, it covers approximately 5% of the domestic requirement, guaranteeing the security and diversification of the country’s energy supply.
Thanks to its innovative characteristics and extreme flexibility, the Ministry of Economic Development (MiSE) has awarded the terminal strategic infrastructure status.
The partners that hold shareholdings in OLT include: Snam – one of the world’s leading energy infrastructure operators and one of the largest Italian listed companies in terms of market capitalisation – holding 49.07%; First Sentier Investors – a global asset