Greece, the leading nation in liquefied natural gas shipping, has held a ceremony attended by the Greek and Bulgarian prime ministers marking the advancement of the Alexandroupolis floating storage and regasification unit (FSRU) and revealing that a second FSRU was planned.
Gastrade SA, the Greek company developing an offshore LNG import terminal to serve eastern Greece and the Balkan nations, said a positive final investment decision has been taken to proceed with the joint venture.
Greek company Gastrade, the lead developer of a joint venture floating LNG terminal offshore Greece’s northeast port of Alexandroupolis to serve the Balkans, has signed accords with two utilities in North Macedonia, a part of the former Yugoslavia until 1991 when it became an independent state.
North Macedonia, previously a republic of the former Yugoslavia, said it would soon start construction of a natural gas pipeline interconnector to southern neighbour Greece to enable the import of US LNG cargoes via the floating import facility planned for offshore the Greek port of Alexandroupolis.
The liquefied natural gas hub and terminal project planned by Greek company Gastrade for the port of Alexandroupolis to serve the Balkans has revised its invitation for expressions of interest as the delivery of the floating storage and regasification unit will take six months longer than originally scheduled.