Greece boosts gas consumption as US LNG deliveries surge

Greece has increased its gas consumption last year as US LNG deliveries via DESFA’s Revithoussa terminal rose more than six times when compared to the year before.

DESFA said in its yearly report that 2020 marked a record year for Greek gas consumption which increased by 9.5 percent compared to the year before.

Consumption in the January-December period reached 63.1 million Megawatt hours (MWh) or 5.48 Bcm, compared to 57.4 million MWh in 2019, the Greek gas grid and LNG terminal operator said.

Total imports stood at 70.6 million MWh or 6.12 Bcm with 46 percent of these volumes coming to the Revithoussa terminal.

In addition, regasification volumes totaled 32.6 million MWh or 2.8 Bcm, a rise of 3.8 percent year-on-year, DESFA said, adding LNG dominated over pipeline gas due to lower prices last year.

The Revithoussa terminal in total received 49 LNG tankers from 8 countries last year, compared to 50 in 2019.

Out of these volumes, US LNG deliveries rose from 2.5 million MWh in 2019 to 16.1 million MWh last year, accounting for 48 percent of all LNG imports, DESFA said.

Qatar also recorded double digits of 22 percent, followed by Nigeria and Algeria with 9 percent. Norway, Egypt, France and the Netherlands supplied 3 percent of the total, each.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

DESFA upgrades Revithoussa LNG terminal

Greece’s DESFA has upgraded its LNG import terminal located on the island of Revithoussa with a new high-pressure boil-off gas compressor station.

Greek LNG imports jump in Q1

LNG deliveries to DESFA's Revithoussa LNG terminal in Greece jumped in the first quarter of this year, with the US supplying most of the volumes.

Greek LNG imports drop in 2024

The Greek gas grid and LNG terminal operator said Revithoussa LNG shipments in 2024 totaled 18.69 terawatt hours (TWh)...

Ukraine’s DTEK receives first US LNG cargo via Greece

DTEK’s unit D.Trading received the shipment at the Revithoussa facility onboard the 2010-built 155,000-cbm, GasLog Savannah, on December 27. According...