Greek PM and Balkan leaders in Alexandroupolis for the inauguration of the floating LNG terminal

Prime Minister Kyriakos Mitsotakis will speak at noon at the ceremony for the inauguration of the implementation of the project of the terminal of the Independent Natural Gas System (ASFA) of Alexandroupolis. The project includes the construction of a floating station for the receipt, storage and regasification of Liquefied Natural Gas LNG (FSRU), at a distance of 17.6 km southwest of Alexandroupolis and 10 km from the nearest coast, and will be able to deliver up to 5.5 billion meters of natural gas per year.

The new terminal, scheduled to open in December 2023, achieves the following:
- The energy efficiency and energy security of the country is strengthened.

- Alternative ways of natural gas supply are being developed.

- The country's dependence on Russian natural gas is reduced.

- Greece acquires a strategic role and becomes an energy hub.

- Energy corridors are created that do not pass through Turkish territory.

- Regional cooperation tools are being created in the Balkans based on the countries' cooperation in the field of energy.

Greece is an energy hub

Prime Minister Kyriakos Mitsotakis spoke about the importance of the new Alexandroupolis terminal at a meeting of the Council of Ministers: "I will be in Alexandroupolis, at the new storage and gasification station of Liquefied Natural Gas. A very important infrastructure project, which, in combination with other initiatives, in less than 20 months will have enabled us to fully diversify our gas supply sources, not only for our country, but also for the entire Balkan Peninsula. Greece, therefore, is quickly and very methodically transformed into an energy hub of the region, but, at the same time, a strategic gateway for the entry of energy resources to...

Continue reading on: