Saggas has unloaded nearly 20 million tonnes of LNG in its five years of operation

  • With the entry into commercial operation of its fourth tank, expected by the end of 2011, this energy facility will have doubled its original storage capacity.
  • As it stands it has the capacity to supply 25% of Spain’s demand for natural gas.
  • Overall investment is in excess of 500 million euros.

Valencia, 18 April 2011. Saggas has reached the five-year mark with an accumulated production volume of around 20 million tonnes of liquid natural gas (LNG). To be exact, between 1 April 2006, when the plant was put into operation, and 31 March 2011, the regasification plant has unloaded a total of 19,862,010 tonnes of LNG, which is equivalent to 302,781 GWh, and has regasified a total of 291,741 GWh.

Over the last five years, a total of 451 methane tankers have docked at the Sagunto-based energy facility. Among them, in September 2010, was the Al Dafna tanker, one of the largest methane carriers in the world, which unloaded at Saggas the largest load of LNG ever received by Spain. The average frequency with which tankers have arrived in Sagunto over these past five years stands at 7.5 tankers per month. The origins of the liquid natural gas delivered to Saggas are very diverse: Egypt, Qatar, Algeria, Nigeria, Trinidad and Tobago, Oman, Libya and Norway, for the most part.

With its current storage capacity of 450,000 m3 and regasification capacity of 1,000,000 m3/hour, Saggas can supply up to 25% of Spain’ demand for natural gas. Throughout these past five years in operation, the Sagunto-based plant has been one of the most-used facilities in relation to its nominal capacity within the Spanish gas system.

Saggas to double its original storage capacity in 2011

The entry into commercial operation of the fourth tank, expected by the end of 2011, will double the plant’s original storage capacity, taking it from 300,000m3 to the 600,00m3 capacity it will have with the addition of a fourth tank. Saggas will be commencing the testing stage this summer. Also over these past five years, the plant has increased its regasification capacity by 33.3%, with it now standing at 1,000,000 m3/hour compared to the 750,000m3/hour it began with back in 2006.

Over 500 million euros

The original construction of the plant and all its extensions since then represent an accumulated investment of approximately 535 million euros. Since it came into operation, Saggas has helped reinforce the security of the national gas system by diversifying Spain’s points of entry for this energy source. Natural gas is considered to be the cleanest and most efficient fossil fuel, and the back-up it provides renewable energies makes it a key energy source for sustainable development.

Saggas shareholders include Unión Fenosa Gas, RREEF Alternative Investments, Osaka Gas UK and Oman Oil Holdings Spain.

EMAS certification

In 2009, Saggas became the first regasification plant in Spain to voluntarily subscribe to the EU Eco-Management and Audit Scheme known by the acronym EMAS. It has also been certified by AENOR as meeting ISO 9001 quality management, ISO 14001 environmental management, and OHSAS 18001 health and safety in the workplace management standards.

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