DESFA says five firms secure Revithoussa LNG slots

Greece’s DESFA said firms booked most of the 2022 unloading slots at its LNG import terminal located on the island of Revithoussa following an auction process.

The auctions started on October 22 and ended on November 2, DESFA said in a statement, adding it has recorded a “significant interest” from gas importers.

DESFA said five companies had participated in the LNG auctions for the year 2022, booking a total of 34 out of 46 LNG unloading slots, which correspond to an unloading quantity of 27 TWh.

“In addition, these companies, in the context of the second phase of the LNG auction and to optimize their portfolio, proceeded to the commitment of continuous LNG gasification capacity, total amount of 72,420.37 MWh/Day,” DESFA said.

The gas grid and Revithoussa terminal operator said the interest of the users forms a “favorable condition” regarding the security of supply of the country, but also of the wider region, given the significant development of the cross-border trade with Bulgaria, which has taken place in the last years.

DESFA added that auctions for the following years, from 2023 to 2026, would start on November 8, with a completion date set for December 29, 2021.

LNG deliveries to Greece dropped in the January-September period due to lower volumes from the US and Qatar.

DESFA recently said that its LNG import terminal received in total 25 vessels in the period. This compares to 40 vessels in the same period last year.

The shipments totaled 18.14 terawatt hours, down about 30 percent when compared to 25.86 TWh in 2020, DESFA said.

Most Popular

Daniel Kalms leaves Woodside

Woodside's executive vice president and chief operating officer international, Daniel Kalms, is leaving the Australian LNG player.

Lithuania’s Ignitis to sign long-term LNG supply deal with EQT

Lithuanian state-controlled energy company Ignitis will sign a long-term LNG supply and purchase agreement with a unit of US natural gas producer EQT following the completion of a tender.

Cheniere’s Corpus Christi Trains 8 and 9 project more than 50 percent complete

Cheniere's Corpus Christi Midscale Trains 8 and 9 project in Texas is more than 50 percent complete, according to the latest construction update.

More News Like This

North Macedonia, Serbia eye LNG supplies via Greece

North Macedonia and Serbia have signed a memorandum of understanding to join the so-called Vertical Gas Corridor, enabling the two countries to receive liquefied natural gas supplies via Greek LNG terminals.

Greece boosts H1 LNG imports

LNG deliveries to DESFA's Revithoussa LNG terminal and Gastrade's Alexandroupolis FSRU-based facility in Greece rose in the first half of this year, with the US supplying the majority of the volumes.

Greece boosts Q1 LNG imports

LNG deliveries to DESFA's Revithoussa LNG terminal and Gastrade's Alexandroupolis FSRU-based facility in Greece rose in the first quarter of this year, with the US supplying the majority of the volumes.

Metlen, Shell ink LNG pact

Greece's Metlen Energy & Metals has signed a memorandum of understanding with UK-based LNG giant Shell to deliver liquefied natural gas to Greek LNG import facilities in Revithoussa and Alexandroupolis.