Greece’s Mytilineos, DEPA to supply Bulgargaz with LNG

Bulgaria’s Bulgaragaz said it had selected Greece’s Mytilineos and DEPA to supply it with liquefied natural gas in November via the import terminal located on the island of Revithoussa.

The move follows a short-term tender issued by the state-owned firm last month.

Bulgargaz said in a statement on Monday that Mytilineos and DEPA Commercial were selected out of eight bidders from Europe, Asia, and the United States.

It sought about 1.5 TWh of LNG for the November supplies, while the two Greek firms already booked regasification slots DESFA’s Revithoussa terminal.

According to Bulgargaz, the firm has secured very competitive natural gas prices which would be reflected in the company’s price proposal for the month of November.

Besides this tender, Bulgargaz also launched tenders for LNG supplies in December, for 2023, and for a 10-year period from 2024 until 2034.

Bulgaragaz recently booked additional capacity at Gastrade’s FSRU-based LNG import project in Alexandroupolis, which is expected to launch operations next year.

It has doubled the capacity to 10.6 TWh per year or about 1 billion cubic meters per year.

Bulgaria’s Bulgartransgaz has a 20 percent in the LNG import project.

Besides Bulgartransgaz, Gastrade’s shareholders include founder Copelouzou, DESFA, DEPA, and GasLog.

Most Popular

Posco International, Glenfarne ink Alaska LNG pact

US energy firm Glenfarne and Posco International, a unit of South Korean steel producer Posco, have signed a deal to advance a strategic partnership for the development of the Alaska LNG project. This includes initial terms for a long-term heads of agreement for LNG supply.

Monkey Island LNG pens offtake MoU

Houston-based Monkey Island LNG, the developer of a 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana, said it had signed a memorandum of understanding with an unidentified international oil company for the offtake of LNG.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

More News Like This

RWE to supply LNG to Bulgargaz this month

A unit of German energy firm RWE will supply liquefied natural gas (LNG) to Bulgaria’s Bulgargaz in June following the completion of a tender.

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.

Gastrade: Alexandroupolis FSRU remains offline due to technical issue

"For the moment, regasification services have been suspended due to a technical issue, for which we will provide further...