DESFA allocates Revithoussa LNG slots for 2024 and 2025

Greece’s DESFA said that firms have reserved all of the offered regasification slots in 2024 and 2025 at its LNG import terminal located on the island of Revithoussa.

Earlier this year, the gas grid and LNG terminal operator controlled by a consortium led by Italy’s Snam said that seven users have reserved all of the available Revithoussa regasification slots in 2023.

Besides the 2023 slots, 5 domestic and 3 international users have reserved 40 of the 45 available slots in 2024, while 5 domestic and 1 foreign user reserved 30 of the total 45 offered slots in 2025, DESFA said at the time.

DESFA announced on Wednesday the completion of new LNG auctions for 2024 and 2025.

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

DESFA said that 5 domestic and 3 international users reserved all of the 45 available slots for the unloading of 36 TWh in 2025.

The reserved capacity for 2024 corresponds to 73.2 percent of the maximum regasification capacity of Revithoussa.

In addition, 6 domestic and 1 foreign user reserved all of the 41 offered slots for the unloading of 35 TWh in 2025.

DESFA said the reserved capacity for 2025 corresponds to 73 percent of the maximum regasification capacity of Revithoussa.

Greek LNG imports decreased this year

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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