GreekReporter.com Greek News Energy Expansion of Balkans' Only Liquefied Natural Gas Terminal in Attica

Expansion of Balkans' Only Liquefied Natural Gas Terminal in Attica

LNG terminals on the islet of Revithousa. File photo

Greece officially opened the third tank for Liquefied Natural Gas (LNG) on the small island of Revithousa, off of the coast of Athens, on Thursday.
George Stathakis, Greek Environment and Energy Minister, spoke at the opening ceremony for the project, saying it was creating new opportunities in the natural gas market.
Greek Environment and Energy Minister George Stathakis, addresses the public during the inauguration of the new LNG terminal in Revithousa. Photo from Stathakis’ personal Facebook account

Presenting the government’s policy on natural gas, Stathakis said it was focusing on preserving and expanding networks under state control in 18 regional cities. It also aims to strengthen connections to the Balkans with projects such as the IGB pipeline and a plan to interconnect with FYROM, transforming Greece into a hub for natural gas. He added that the Hellenic Natural Gas Operating System (DESFA), is playing a strategic role in this policy.

"Πλέον, η Ρεβυθούσα αποτελεί προνομιακό hub για την περιοχή της Νοτιοανατολικής Μεσογείου στον τομέα του φυσικού αερίου"…

Posted by George Stathakis on Thursday, November 22, 2018

The Revithousa LNG terminal is one of thirteen operating in Europe, and the only one in the Balkans. With the addition of its third tank the terminal’s capacity has risen from 130,000 to 225,000 cubic meters, with a flow of 1,000 — 1,400 cubic meters per hour. The project also included an upgrade to port installations, allowing the docking of larger ships of up to 260,000 in dead weight tonnage. The budget for the project totaled €143 million ($163.5 million), consisting of 35 percent funds from the European union, €80 million ($91.5 million) in loans from the European Investment Bank, and DESFA’s own capital.
With information from A.M.N.A.


Related Posts

Photos of Rally in Support of Greek Terrorist Koufontinas Censored

Photographs from a rally organized in Athens in support of  Dimitris Koufontinas, a convicted terrorist who is on hunger strike were censored.

Covid-19: Greece Records 2,219 Cases, Vaccinations Surpass 1 Million

Greece recorded a total of 2,219 cases of the virus Thursday, out of the total 55,702 tests conducted across the country during the day.

When Will Americans Be Allowed to Travel to Greece This Year?

Americans have been a major part of summer tourism in Greece. Although they may not make up the largest contingent of visitors, they spend more.