LNG

Greek liquefied natural gas project leader Gastrade has said that delays were being experienced for the start-up of Greece’s Alexandroupolis floating LNG import hub to supply Balkan gas grids.

Gastrade SA, the Greek company developing an offshore LNG import terminal to serve Balkan nations, has signed an agreement for the acquisition of 20 percent of its share capital by Greece’s natural gas grid operator DESFA.

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.