Greece: Three bids received at LNG terminal tender

According to the Gastrade company, first round of tender attracted the interest of ten renowned, both foreign and domestic, companies. Gastrade also said that second round of a tender for the procurement of Floating Storage and Regasification Unit (FSRU) will be launched in the next few days, by inviting first-round participants to submit binding offers.  Gastrade received three bids at the tender for the construction of gas pipeline and related infrastructure for connecting future floating liquefied natural gas (LNG) terminal in Alexandroupoli in northern Greece.
The bids were submitted by Italian company Saipem and two Dutch companies – Boskalis and Van Oord.
A second-round of market test offering capacity reservations for the future LNG terminal in Alexandroupoli in northern Greece has been extended until 10 March. In the first phase 20 companies submitted expressions of interest for a total of up to 12.2 billion cubic meters per year of reserved regasification capacity at the floating terminal and delivery to the Greek natural gas transmission system. The expressions of interest surpassed the technical capacity of the project, which is 5.5 billion cubic meters per year. The Alexandroupoli LNG project, for which Gastrade has obtained a license in 2011, envisages the construction of LNG storage facility with the capacity of 170,000 cubic meters, which could supply 17 million cubic meters of gas per day to Greek gas network. With the construction of gas interconnection between Greece and Bulgaria, the investors are considering options to supply natural gas to the entire Balkan region. The consortium for the construction of the terminal should comprise of Gastrade (40%), Gaslog (20%), Greek Public Gas Corporation DEPA (20%), now through DEPA Trade, and Bulgarian Energy Holding BEH (20%). Romanian natural gas producer Romgaz is also interested in participating in the joint venture.