Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
Supported byClarion Energy
HomeUncategorizedGreece: EU funding...

Greece: EU funding for Alexandroupoli FSRU’s remaining projects

The Greek finance ministry has called on Gastrade, the consortium behind the Alexandroupoli FSRU at the country’s northeastern port, to prepare a list of remaining projects needed for the facility’s completion and operation so that, in turn, this list may be submitted to the European Regional Development Fund (ERDF) for project financing of up to 48.2 million euros through the fund’s Environment and Climate Change Program.

These projects, categorized as Phase B projects, would follow Phase A projects that were financed through the EU operational program Competitiveness, Entrepreneurship, and Innovation, one of seven sectoral and thirteen regional operational programs of the Partnership and Cooperation Agreement (NSRF) for 2014–2020.

Once fully operational, the Alexandroupoli FSRU will include an offshore floating LNG temporary storage and gasification unit comprised of four LNG tanks with a total capacity of 153,500 cubic meters. It will offer an hourly gasification capacity of 625 Nm2/h under normal operating conditions.

The Alexandroupoli FSRU’s permanent offshore installations will include anchoring the floating unit at a fixed point in a sea area with a depth of approximately 40 meters. The chosen location lies 17.6 km southwest of Alexandroupoli and 10 km from the nearest coast of Makri, energypress.eu reports.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia plans new gas storage facility amid EU energy tensions and supply uncertainty

As the European Commission pushes for a gradual phase-out of Russian energy imports by 2027, internal divisions threaten to derail progress. Hungary and Slovakia have strongly opposed the gas-related measures in the EU’s proposed 18th sanctions package, signaling they...

Bulgaria: Bulgargaz proposes slightly higher wholesale gas price for July 2025

Bulgarian state-owned gas supplier Bulgargaz has proposed a wholesale natural gas price of approximately 33 euros per megawatt-hour (MWh) for July 2025. This represents a modest increase of 0.6% compared to the approved price for June, which stood at...

Geopolitical tensions and heatwaves drive European gas prices to 11-week highs in mid-June 2025

European gas prices increased by 11.4% during the week of June 16–22, 2025, driven by geopolitical tensions in the Middle East, increased cooling demand amid hotter-than-usual weather, and reduced wind power generation across the continent. On June 19, the...
Supported byVirtu Energy
error: Content is protected !!