There is demand for Russian gas in the Greek market and the two countries plan to further strengthen the interaction in the energy sector
St.Petersburg, October 1 - Neftegaz.RU.
25 years ago, in September 1996, the 1st
pipeline supplies of Russian gas
to Greece commenced.
Gazprom has exported upwards of 54 billion m3
of gas to this country.
The annual amount of supplies has grown by more than 15 times.
Russian gas deliveries to Greece began under a contract between V/O Soyuzgazexport and DEPA Public Gas Corporation of Greece signed in 1988.
The contract is still in effect.
In 2020, Gazprom Export and Greek-based Mytilineos
have signed a long-term contract for the supply of natural gas
Under this contract, Gazprom will supply gas to Greece from this year until 2030.
Gazprom continues to provide Greece with reliable gas supplies.
Over 9 months of 2021, they grew by 10.8% to 2.5 billion m3
Gas from Russia is delivered via the Turkish Stream
gas pipeline and the national gas transmission system of Bulgaria.
Greece is set to play a bigger role in the regional
gas market in the coming years, with the country set to become a gateway for LNG
supplies into Southeast Europe with both the 7 Bcm/year Revithoussa import terminal and the planned 5.5 Bcm/year FSRU at Alexandroupolis
expected to serve the wider regional market.