LNEnergy Interview 18 Nov 247 Jan 2025 14:54
"According to our point of view, it is necessary to extract this natural resource to convert it into a fuel that aids decarbonization. It doesn't solve it entirely, but it helps, which is LN Energy. While awaiting the opinion of the National Environmental Impact Assessment Commission, the project by the American company LN Energy can rely on the authorization from the Ministry's Dams Office. In 2010, the Ministry of the Environment had already given the green light to the old project, which was later rejected by the Environmental Impact Assessment Commission. Now that the facility has been downsized, the company has changed, and the technology has been upgraded, a new approval has been granted, subject to the approval of an integrated monitoring plan to protect the Bomba reservoir. Even millimetric ground subsidence must be recorded, with biannual certifications at the expense of ACEA. If subsidence exceeds 25-30 mm, all extraction activities must be temporarily or permanently suspended.
Francesco Di Luca, the manager of the Monte Pallano mining site, expressed satisfaction, emphasizing that the company is fully aware of the fragility of the territory. The gas is extracted at a very slow rate over a 20-year period, after which activities will cease, and what are known as mine closures will be implemented. The subsidence will then be stabilized, and the site will be permanently sealed after 20 years of production. There is no injection of CO2 or other molecules into the subsoil. In this, we agree with Professor Damiani that such injection activities are absolutely not viable."