TotalEnergies to supply one LNG cargo to Bulgargaz via Greece’s Revithoussa terminal

A unit of French energy giant TotalEnergies will supply one liquefied natural gas cargo in March to Bulgaria’s Bulgargaz via Greece’s Revithoussa LNG import terminal following the completion of a recent tender.

Bulgargaz, the unit of state-owned of Bulgarian Energy Holding, said in a statement that TotalEnergies Gas and Power “is the participant ranked first” in the DES tender launched earlier this month seeking the supply of 1 million MWh of LNG in March 2024.

According to Bulgargaz, a total of 12 international trading companies participated in the open bidding process that took place this month.

The firm said that a requirement for all participants in the procedure was that the source of LNG supply comes from countries without imposed sanctions, embargoes, or any trade restrictions.

Bulgargaz said that the LNG shipment will arrive at the DESFA-operated LNG import terminal located on the island of Revithoussa, where it has booked a slot.

In October 2023, TotalEnergies Gas and Power also won a tender to supply two LNG cargoes to Bulgargaz in January and February this year via LNG terminals in Turkey.

Prior to that, US LNG exporting giant Cheniere delivered the first cargo to Bulgargaz to the Marmara Ereglisi onshore terminal in Turkey as part of the latter’s deal with Botas.

Botas and Bulgargaz signed the deal in January 2023, allowing 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.

Besides this, Bulgargaz booked additional capacity at Gastrade’s FSRU-based LNG import project in Alexandroupolis, which is expected to receive its commissioning cargo soon.

Bulgartransgaz has a 20 percent in the LNG import project.

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