Commercial operation of Alexandroupolis LNG terminal to begin on October 1

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Commercial operation of the LNG Terminal at the Alexandroupolis FSRU will begin on October 1, Gastrade CEO Kostis Sifnaios announced following a visit to the terminal in Greece of the ambassadors of the EU member-states, Switzerland and Norway.

The visit was organised by the Hungarian embassy in Athens, as the member-state holding that rotating European Union presidency for the current six-month period.

Sifnaios noted that the start of commercial operations of the station was just days away and would mark the start of a new era in the role of both Greece and Alexandroupolis on the energy map of southeast and central Europe, providing significant opportunities for diversifying their supply sources, especially after the recent five-year agreement with Venture Global LNG to grant access to 25% of the terminal’s capacity.

According to Gastrade, the ambassadors were briefed in detail on the operation of the terminal, its strategic targets, its geopolitical importance and the high safety and environmental standards to which it operates. There was also a discussion on issues concerning the ‘Vertical Corridor’ that is part of the Alexandroupolis FSRU, which is of vital importance for boosting energy security in Central and Southeastern Europe and ending its dependence on Russian natural gas, providing an alternative source of supply via Greece to all countries up to Hungary.

Source: ANA – MPA

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