Modelled Direction
Yes
exit
DESCRIPTION OF THE PROJECT
The LNG import terminal will be a FSRU, located at the North-Eastern (Northern Aegean) area of Greece, with a capacity of 3-5 bcm/y. It will supply LNG directly to Greece and, further north, to Bulgaria and Romania.
EXPECTED BENEFITS
Security of Supply, Market integration, Diversification of sources, N-1 National, Back-up for renewables, Power-to-gas, Being located in the North of Greece it will provide more balanced LNG supply in the country than the existing
Revythousa terminal. The upgrading of the pipline network could be facilitated by creating an additional access point in this particular geographical area. Will make available small quantities of LNG for industrial/commercial applications
and for its use as a transportation fuel for road, rail and marine applications.The availability of LNG in the South-Eastern Balkan area will increase the use of Natural Gas for electricity production and other big industrial applications,
reducing substantially the GHG emissions. As a LNG storage facility, the project will respond to daily increases in demand (short term resilience).
COMMENTS ABOUT THE PROJECT FINANCING
Public financing
Private financing
Multilateral financing
Aegean LNG
154.00
LNG Terminals Greece
Hub Greece
PROJECTED CAPACITY INCREASES
Interconnection
Capacity (GWh/d)
From Zone
To Zone
ENTSOG TYNDP 2013-2013 - Annex A
Southern Corridor GRIP 2014–2023 Annex B |
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