Gastrade moves on FLNG start-up project while Balkan gas grids expect July market capacity allocation tests
A cooperation agreement has been signed between key natural gas infrastructure owners from Greece, the Balkans and Central Europe including Gastrade, developer of the Alexandroupolis floating LNG import terminal for Greece and the Balkans.
Balkans region LNG project decides to proceed and expects competitive and varied spread of suppliers
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.
Bulgaria LNG imports
Jan 9 (LNGJ) - The Bulgarian Prime Minister Boyko Borissov said at the opening of US-Bulgarian trade talks that the Balkan nation planned to buy a 20 percent stake in a floating liquefied natural gas import terminal off northern Greece.
Borissov said that the Bulgarian stake in the terminal would be the same as that of Greece’s state energy company DEPA and would be held by gas company Bulgartransgaz. The terminal is being developed by Greek company Gastrade off the Greek port of Alexandroupolis. The LNG terminal stake would give Bulgaria an alternative source of gas supplies to the recently started Turkstream pipeline from Russia via Turkey.
