DESFA lands LNG project in Kuwait

Greece's gas grid operator is making a dynamic entry into the international scene after landing a significant project in Kuwait.

The Hellenic Gas Transmission System Operator (DESFA) has undertaken the operation and maintenance of a new liquefied natural gas (LNG) terminal under construction in the Gulf country, which is expected to start operating in 2021.

DESFA outbid six other suitors short-listed by KIPIC, a subsidiary of the state oil company of Kuwait, to secure the management and maintenance of the LNG station being constructed at al-Zour, some 90 kilometers from the country's capital city.

The Greek company announced that the contract it has secured with KIPIC will last for a minimum of five years, and DESFA earned it after the completion of the second and final stage of the tender.

It added that a key role in its successful bid belonged to...