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Reading: Greece to upgrade only LNG terminal in preparation for energy supply disruptions
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OOLP Maritime World News > Port news > Greece to upgrade only LNG terminal in preparation for energy supply disruptions
Port news

Greece to upgrade only LNG terminal in preparation for energy supply disruptions

Last updated: 2022/04/22 at 11:30 AM
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Greece’s only liquefied propane (LNG) terminal in the islet of Revithoussa near Athens are enhanced whilst the nation is planning its power system for the worst-case situation, such as for instance an entire cessation of propane materials from Russia, Greek Prime Minister Kyriakos Mitsotakis stated.

“Liquefied propane is very crucial to experience the growth of gasoline offer resources. In this course of action, Revithoussa with its present kind, additionally with its enhanced kind, plays a decisive part,” he stated during a trip associated with the services, based on Greek national broadcaster ERT.

Greek Prime Minister Kyriakos Mitsotakis (first R) and their Bulgarian counterpart Boyko Borissov (1st L) stand due to the fact CEO of Bulgartransgaz Vladimir Malinov (2nd L) and Chairman associated with the Board of administrators of Gastrade SA Elmina Kopelouzou (2nd R) indication an understanding at Zappeio Hall in Athens, Greece, Aug. 24, 2020. (Xinhua/Nick Paleologos)

Managed by the Hellenic gasoline Transmission System Operator (DESFA), the Revithoussa terminal is the only person in Greece that gets, briefly shops and regasifies LNG and provides the country’s National gas Transmission program. Its LNG storage space capability is 225,000 cubic yards and certainly will regasify 1,250 cubic yards each hour, based on the DESFA.

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In the coming months, the DESFA is intending to add a floating storage space product towards the present services, that may boost storage space ability to 380,000 cubic yards, as well as the regasification capability are increased by 12 %, among various other financial investment programs, organization officials stated.

“We tend to be constantly working not just to maintain and guarantee 100-percent availability in the terminal, additionally, as predicted, to enhance being able to accommodate even more ships and boost its capability to regasify also to offer the need associated with the market,” Maria Rita Galli, DESFA’s chief executive officer (CEO), said.

In 2021, 31.8 % of Greece’s complete gas imports joined the united states through this center. In the 1st 90 days of the 12 months, the particular figure had been 43.23 %. LNG cargoes arrived from six nations (the usa, Algeria, Nigeria, Egypt, Oman and Indonesia), based on DESFA data.

For many years, about 40 % of Greece’s yearly power requirements happen included in brought in Russian gas, in accordance with the Ministry of Environment and Energy.
Source: Xinhua



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admin April 22, 2022
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