Panigaglia

Panigaglia is Italy's oldest onshore LNG terminal, located in the Gulf of La Spezia near Genoa and operational since 1971, making it one of the earliest LNG import facilities in Europe. It is owned and operated by GNL Italia, a subsidiary of Italian Energy infrastructure giant Snam. The terminal has two 50,000 m³ LNG storage tanks and a regasification capacity of 3.5 bcm per year. A major modernisation programme began in recent years and was still ongoing as of May 2025, aimed at extending the terminal's operational life and updating its ageing infrastructure.

Panigaglia was Italy's sole LNG import facility for nearly four decades until the Adriatic LNG and GNL Italia Toscana offshore terminals entered service from 2009. Its location near Genoa historically served the northern Italian gas grid, complementing pipeline imports from Russia, Algeria, and the Adriatic. Despite its small storage capacity relative to newer European terminals, Panigaglia has remained commercially relevant and in recent years expanded into LNG truck-loading services for the small-scale LNG market, with Snam launching a dedicated truck-loading operation in 2022.

Panigaglia recorded low utilisation in Q1 2026 alongside EemsEnergy Terminal, Fos Cavaou, and Sines, reflecting broader European demand softness. Italy's additional LNG capacity (Adriatic LNG offshore and GNL Livorno FSRU) provides alternative import routes, reducing Panigaglia's necessity in high-demand periods and its commercial pressure to run at full capacity.