DESFA allocates Revithoussa LNG slots for 2026

Greece’s DESFA said that firms have reserved 21 regasification slots in 2026 at its LNG import terminal located on the island of Revithoussa.

Last week, the gas grid and LNG terminal operator controlled by a consortium led by Italy’s Snam said that firms have reserved all of the offered Revithoussa regasification slots in 2024 and 2025.

The annual LNG scheduling auctions for the period 2024-2038 started last month.

DESFA announced on Wednesday the completion of new LNG auctions for 2026.

The firm said that 3 domestic and 1 international users booked a total quantity of 35 TWh, or 21 slots, of the 22 offered slots with a total quantity of 35.5 TWh.

DESFA said the reserved capacity for 2026 corresponds to 58 percent of the maximum regasification capacity of the Revithoussa facility.

LNG deliveries to the Revithoussa terminal decreased 13.7 percent in the January-September period of this year compared to record 60 cargoes and 27.85 TWh of LNG in the same period last year.

Deliveries from US liquefaction plants to Greece reached 9.36 TWh in the period, down 49.9 percent compared to the same period last year.

The Revithoussa facility has a storage capacity of 225,000 cbm and a regasification capacity of 1,400 cbm/h.

It is currently the only LNG import plant in Greece but it will be joined this winter by Gastrade’s FSRU-based LNG import project in Alexandroupolis.

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