Supported byClarion Energy
HomeGasGreece: Cheap Russian...

Greece: Cheap Russian gas replaces LNG 

The cheap Russian natural gas that enters Greece from Sidirokastro, in Central Macedonia, through the TurkStream pipeline, put liquefied natural gas loads off the market in April.

The Revythoussa facilities, sought after during the energy crisis of 2022 and 2023, were left unclaimed in April, while the minimum LNG quantities scheduled for unloading were eventually cancelled, resulting in zero LNG imports for the first time since 2019.

This was followed by a gradual cancellation of cargoes since January, with scheduled cargo arrivals halved in the first quarter of the year.

Companies had intended to import three loads last month but revised their plans.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

European gas prices rise on tight LNG supply and lower storage ahead of winter

Dutch TTF November futures settled at €87.32/MWh, about 1% higher than the previous day and more than double their level at the start of the year. Prices have increased sharply since late September as competition for LNG cargoes has...

Hungary stockpiles 4.8 billion cubic metres for a 96-day winter gas buffer

Underground inventories ahead of the heating season Hungary has accumulated more than 4.8 billion cubic metres of natural gas in underground storage facilities, enough to cover approximately 96 days of total winter demand. The Ministry of Economy and Energy says...

Russian gas phase-out dates set replacement needs for Greece’s imports

August 2026 import flows into Greece’s transmission system Imports into Greece’s national transmission system totalled approximately 7.3 TWh during August 2026. Around 3.73 TWh, or 51.1%, entered through Sidirokastro on the Bulgarian border. Over the same period, the remaining volumes...
Supported byVirtu Energy