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Bulgargaz launched three tenders for five LNG cargoes.
During October 2024, the company is seeking one LNG cargo of about 150,000 cbm on a DES (delivery ex-ship) basis.
The delivery window is October 4 and the main delivery point is the Alexandroupolis FSRU-based facility in Greece, while the alternative is an LNG terminal in Türkiye, according to Bulgargaz.
Moreover, Bulgargaz is seeking two LNG cargoes, each of about 150,000 cbm, for delivery during November and December this year.
One cargo will be delivered during November 23-31 and the other during December 23-30, 2024.
The delivery points are the same.
During January-February 2025, Bulgargaz is seeking two LNG cargoes, each of about 150,000 cbm, for delivery to the Alexandrouplis FSRU or an LNG terminal in Türkiye.
The delivery windows are January 24-31 and February 21-28, 2024.
Türkiye and Greece
Prior to these tenders, Bulgargaz awarded a tender to Türkiye’s Botas to supply one LNG cargo in June.
The two firms previously signed a capacity deal which allows Bulgargaz access to Turkish LNG import terminals and the grid.
The duration of the agreement is 13 years and includes a gas transfer of up to 1.5 billion cubic meters per year.
Bulgargaz and Botas are currently renegotiating the terms of the deal, Bulgargaz said in a statement on August 15.
On the other hand, Gastrade, the operator of the FSRU-based LNG import terminal off Alexandroupolis, recently told LNG Prime that the unit has completed final tests following an issue with the project’s pipeline.
“The COD (commercial operation date) is still planned for October 1, 2024, to coincide with the start of the next gas year,” the company said.
Gastrade’s shareholders include founder Copelouzou, DESFA, DEPA, Bulgartransgaz, and GasLog.
Bulgartransgaz has a 20 percent share in the LNG terminal, while Bulgargaz previously booked capacity at Gastrade’s FSRU-based LNG import project.