New gas terminal in Alexandroupolis begins commercial operation

BAKU, Azerbaijan, October 1. The
Alexandroupolis LNG, a new liquefied natural gas (LNG) terminal
with an annual capacity of 5.5 bcm of gas, started commercial
operations at the Greek port of Alexandroupolis on Tuesday,
Trend reports.
At the Alexandroupolis LNG commissioning ceremony, Maria Rita
Galli, General Director of Greek natural gas transportation system
operator DESFA, stated that, thanks to this facility, Greece's
export capacity will reach 8.5 bcm of gas per year by the beginning
of 2025.
The terminal operator, Gastrade, stated that the project
"contributes to energy security and the diversification of energy
sources and supply routes in Southeastern and Central Europe,
strongly enhancing Greece's role and importance on the modern
European energy map, as it will become an energy gateway for more
than nine countries."
The Alexandroupolis LNG terminal consists of a floating storage
and regasification unit (FSRU), a subsea and onshore pipeline that
connects the floating unit to the Greek national natural gas
transportation system and further beyond Greece.
"The start of commercial operation of the project marks the
expansion of the Vertical Corridor gas initiative, significantly
strengthening its momentum to create a natural gas trading center
in Central and Southeastern Europe," Gastrade states.
Note that the European Commission contributed 157 million euros
to the construction of this terminal.



Bulgaria, Romania, Northern Macedonia, Serbia, Moldova, and
Ukraine in the east, and Hungary and Slovakia in the west, will all
receive the gas from Alexandroupolis LNG.
The second phase of this terminal with a capacity of 5 bcm per
year may be commissioned in 1–1.5 years.
Gastrade's shareholders are DESFA, GasLog, BulgarTransGaz, and
Copelouzou.

• Greece
• Gas Terminal
• Alexandroupolis
• Liquefied Natural Gas
• Commercial Operations