Supported byClarion Energy
HomeGasNorth Macedonia: Government...

North Macedonia: Government interested in participating in Greek LNG project

Prime Minister Zoran Zaev met with Christos Copelouzos , CEO of Copelouzos Group,which  is a founder of Gastrade, a company which is developing the liquefied natural gas – LNG terminal project in Alexandroupoli.

The Government of North Macedonia said that it is interested in participating in the project for the construction of LNG terminal in in northern Greece.

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. However, the project has been removed from the list of EU Projects of Common Interest (PCI) for 2017. Last October, Gastrade launched a market test for Alexandroupoli LNG terminal and the tender for the procurement of the Floating Regasification Storage Unit (FSRU) vessel. More than ten domestic and foreign companies have expressed interest in the tender for the procurement of vessel, as well as the terminal’s market test. 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 %). Greek natural gas transmission system operator DESFA also expressed interest in participating in the project.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections, renewable generation and storage as it accelerates the replacement of oil-fired power. The approval was...

SEE gas heads into autumn above €70/MWh as LNG shock tightens market

Southeast Europe’s gas market is entering autumn under renewed price pressure, with European benchmark prices moving above €70/MWh after a strong summer rally driven by disruptions to Gulf LNG supplies, rising gas-fired power demand and slower-than-expected storage injections. The...

Metlen signs 10-year PPA for 12 MW Greek solar supply to Coca-Cola Tria Epsilon

Metlen Energy & Metals has signed a 10-year power purchase agreement to supply Coca-Cola Tria Epsilon with electricity from a new 12 MW solar project in Greece. The agreement is structured as a bilateral contract for long-term renewable power...
Supported byVirtu Energy