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The new LNG liquefied natural gas terminal in Alexandroupolis, eastern Greece, is inaugurated today at noon (12.30 Greek time) in the presence of Prime Minister Kyriakos Mitsotakis, EU Council President Charles Michel, Bulgarian Prime Minister Kiril Petkov, Macedonia of the North, Dimitar Kovacherdski, the President of Serbia Aleksandar Vuçi dhe and the respective Energy Ministers of the participating Balkan countries.
The start of construction work on the LNG storage and gasification floating terminal in the offshore part of Alexandroupolis will be completed in December 2023 and Greece will be able to meet about 80% of its natural gas needs from this station alone.
The new plant will be built in co-operation with Bulgaria and will be connected via the IGB pipeline, which will be ready next month and will be able to supply gas to northern Macedonia, which is expected to be a partner in the project, as and Serbia.
The offshore floating unit is about 300 meters long, will be located at a distance of 17.6 km from the port of Alexandroupolis and will be connected to the terminal with a 28 km long pipeline. This floating unit will receive liquefied natural gas from tanks (mostly American, but not only) and will store it in its deposits. When gasified, it will enter the pipeline and supply system. The total capacity will reach 5.5 billion cubic meters, with Greece’s total needs reaching 7 billion cubic meters.
In parallel with the expansion of facilities at the other gas storage station near Athens, in Revythousa and the completion of other critical infrastructure and pipeline interconnections, the country will gain full energy self-sufficiency.
According to government sources, the inauguration of this LNG unit in the current conditions, with the EU efforts to break away from Russian gas and strong US support, is of strategic importance for Greece in terms of its geopolitical role in the region, as it becomes a energy gateway for Europe and the region.
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