Malta will become the “energy hub” of the Mediterranean

With the sanctions on Russian oil and gas, most European countries have to reorganize their supply chains.

However, any country with access to a coastline could switch to FSRUs moored on piers or at sea and supplied with LNG from anywhere in the world. Gas has already been found in the Mediterranean off Israel, Egypt, Cyprus, Turkey, Greece, Libya and Morocco, so there are opportunities for local supply as well. EM&I, an international asset integrity management specialist headquartered in Malta, can forecast fleets of FSRUs, FLNGs and LNG carriers operating in the Mediterranean to meet demand – especially as some countries like the Greece have already offered to supply their landlocked European neighbors with LNG from FSRUs moored off Greece.

Other countries like Germany have also offered to do the same for their landlocked Northern European neighbours, so it seems the invasion of Ukraine has had the effect of encouraging the EU to work more closely together to reorganize their supply chains as quickly as possible.

With fleets of FSRUs, FLNGs and LNG carriers operating in the Mediterranean, they will need to be serviced from a location with adequate facilities such as Malta, which has a unique geographic position in the center of the Mediterranean, deep-water port and shipyard, and a skilled workforce. Malta already has an offshore FSRU supplying LNG and therefore knows this scenario.

With a stable, business-oriented administration and superb travel and communication facilities, they are the obvious choice to become the “energy hub” of the Mediterranean.

All of these reasons support EM&I’s strategy to expand their operations in Malta by establishing a new Offshore Energy Technology Center which will provide technical development, operations and training support for their global operations with a particular focus on Europe and Africa in conventional and renewable energies. of the sea.

This will create new jobs by providing EM&I’s special ODIN, NoMan and ExPert robotic inspection repair and maintenance services.

EM&I have been based in Malta for over six years and have found it to be an excellent base for international operations and delighted with the assistance they have received from the Maltese authorities.

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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/30052022/malta-to-become-the-energy-hub-of-the-mediterranean/

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