The paper deals with cold recovery during LNG regasification. The applications analyzed pertain to the use in deep freezing agro food industry and in space air conditioning facilities in commercial sector (Supermarkets and Hypermarkets) of cold recovered from the regasification process. A modular LNG regasification unit is proposed having the regasification capacity of 2 BCM/year of gas and it is based on use of a Power Cycle working with Ethane, this unit allows operation of cold energy transfer, contained in LNG to be regasified, in a range of temperatures suitable for multipurpose use of cold, reducing regasification process irreversibility. Some electric energy is produced by the Power Cycle, but the purpose of the modular unit is to deliver cold suitable for industrial and commercial use in the proper temperature range utilizing Carbon dioxide as secondary fluid to transfer cold from regasification site to far end users. The subject is divided in two papers: this paper deals with facilities delivering cold released during LNG regasification and related pipeline facilities to transfer cold at far end users while the other paper pertains to analysis of end users applications. Results of a detailed thermodynamic and economic analysis demonstrate the suitability of the proposal. (C) 2010 Elsevier Ltd. All rights reserved.