DESFA says Greece received 60 LNG cargoes in January-September

Greek liquefied natural gas imports via the Revithoussa terminal jumped to record 60 cargoes in the January-September period due to significantly higher volumes from the US, according to DESFA.

These cargoes equal to about 27.85 TWh of LNG and compare to about 18.14 TWh from 25 vessels in the corresponding period of the previous year, DESFA, controlled by a consortium led by Italy’s Snam, said.

DESFA’s LNG import terminal located on the island of Revithoussa received in total 39 vessels during the first six months of this year, compared to just 15 shipments in the same period last year.

This means that the facility took 21 shipments in the third quarter of this year.

US LNG deliveries via the Revithoussa terminal surged to 18.67 TWh in the January-September period and compare to 8.04 TWh in the same period last year.

The US remained the largest LNG supplier to Greece with a 67 percent share of all LNG imports in the period under review, DESFA said.

Second in place were imports from Algeria (3.95 TWh), followed by Nigeria (2.07 TWh), Egypt (2 TWh) and Oman (1.03 TWh), with Indonesia (0.11 TWh) being in the last position, the Greek gas grid and LNG terminal operator said.

According to DESFA, 42.6 percent of all imported gas to Greece in the period under review, including pipeline gas, came via the Revithoussa terminal. The facility became the country’s main natural gas entry gate during the period.

Total gas imports amounted to 65.39 TWh, showing an increase of 13.2 percent from the last year.

Domestic consumption decreased by 14.2 percent to 44.98 TWh, while there was a notable increase in natural gas exports by 294.7 percent, from 5.17 TWh to 20.41 TWh, mainly towards Bulgaria, DESFA said.

This year, DESFA chartered GasLog’s 2006-built LNG vessel, Methane Lydon Volney, to serve as a floating storage unit at the Revithoussa facility as part of plans to reduce the country’s dependence on pipeline natural gas coming from Russia.

It also recently launched a truck loading station as it works on an integrated small-scale LNG supply chain in Greece.

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