The Resource
The Collesanto field is located in Abruzzo Region in the municipality of Bomba, in the Province of Chieti. This is a reservoir of 2 billion Sm3 of gas discovered by AGIP in the 1960s. The wells (MP 1 and MP 2), have already been drilled and are ready to be operational since 2007, by virtue of an exploration permit granted by the National Mining Office for Hydrocarbons and Georesources (UNMIG) and the approval of the related Work Program, shared and sworn by the Abruzzo Region, as established by the State/Regions Agreement on environmental matters.
Collesanto is one of the largest non-producing, proven, onshore gas fields in Europe. The new Collesanto “Small Scale LNG” development project offers a series of advantages for the region and the environment. Here they are point by point.
It is the first “Small scale LNG” project in Italy built directly in a natural gas field.
It will produce 2 billion scm of gas for local consumption.
It is located essentially 0 km from local industry. This is noteworthy considering most LNG for heavy trucks and marine uses comes from other parts of the world.
The guaranteed local supply of natural gas in the form of LNG is equal to 40,800 + tons/year on average.
It will contribute to a cleaner Abruzzo through the use of LNG for road and maritime transport.
It will contribute to the competitiveness of the local industry.
This is a new investment of approximately 70 million Euros of capex with hundreds of jobs during construction and «Multiplier Effect» in the local economy.
This is local production that represents lower transportation costs and lower environmental impact in comparison to LNG coming from Russia or other parts of the world.
There will be no new drilling with respect to existing and already drilled wells. Pipelines and auxiliary infrastructures for the gas collection network will no longer be necessary.
It is the first gas liquefaction plant in Europe with simultaneous capture of Co2, representing approximately 1,400 tons/year not released into the atmosphere.