Greek Gastrade launched construction of Alexandroupolis LNG terminal

Athens, May 5 - Neftegaz.RU. Gastrade has started building the 5.5 bcm/year FSRU located southwest of the port of Alexandroupolis in Greece.
The Alexandroupolis FSRU is to start operations by the end of 2023.
Its contracted regasification capacity already reached up to 60 % of its technical capacity of 5.5 billion m³ per year.

It is expected to receive LNG from the U.S. and Qatar.
It will be connected to the National Natural Gas Transmission System of Greece with a 28 km long pipeline, through which the gasified LNG will be transmitted to the markets of Greece, Bulgaria, Romania, Serbia, North Macedonia to Hungary, Moldova and Ukraine.

Greek Prime Minister Kyriakos Mitsotakis said during the ceremony:

• Within the next 20 months, Greece will be able to import much more LNG with increased liquifaction capacity
• Moscow’s blackmail makes this regional cooperation not only essential, but also urgent
• Greece has provided for its own energy adequacy and is now willing to help neighboring nations with their own needs

Apart from the project in Alexandroupolis, another investment to import LNG is scheduled by Greek refiner Motor Oil in Corinth, called Dioryga LNG.
The FID is expected near the end of this year and the annual capacity is projected at 2.5 bcm.

At the same time, Elpedison has its own plan called Thessaloniki FSRU, which is expected to become operational in 2025 and will also use a floating platform.
Gastrade has announced that it has received a permit from the regulator for its 2^nd FSRU, to be installed offshore Thrace.