Petroleum industry

The divorce of Helleniq Energy and Edison after 15 years of their joint venture in the field of the electricity market is now taken for granted.

On February 18th the floating storage regasification unit in Alexandroupoli received its first test shipment of US liquefied natural gas. In other energy news, it looks like decision time has come for hydrocarbon surveys off Crete.

A photo taken by drone shows the transshipment procedures of the first cargo of liquefied natural gas (LNG) at the Floating Terminal in Alexandroupolis, northern Greece, 21 February 2024.

Two months after it was moored in the Thracian Sea, the floating natural gas storage and regasification unit (FSRU), named Alexandroupolis, will on Friday receive its first liquefied natural gas (LNG) cargo.

The liquefied natural gas (LNG) that ships will carry to the new Alexandroupoli terminal (FSRU) will reach up to Russia's doorstep - i.e. Slovakia, Moldova and Ukraine.

The specially designed tanker of Gastrade, the offshore natural gas storage and regasification unit - about 300 meters long - which was converted into an FSRU at the Keppel shipyard in Singapore, sailed into the berth of Alexandroupoli port on Sunday.

After a long journey from Singapore's Seatrium shipyard via the Suez Canal, a GasLog tanker is due to arrive in Alexandroupoli converted into a floating liquefied natural gas storage and regasification unit (FSRU) and named Alexandroupolis in honor of the city and its people, who will host it permanently in the Thracian Sea.

The US assistant secretary of state for energy resources and former ambassador to Greece, Geoffrey Pyatt, has stressed that the United States is looking forward to the "continuation of the strong partnership with Greece" in energy cooperation.

Türkiye is set to initiate three additional drilling operations aimed at bolstering the nation's energy self-sufficiency following significant oil discovery in the southeast region, Energy and Natural Resources Minister Alparslan Bayraktar has unveiled.

The Canadian government has guaranteed billions in new commercial loans to finance the controversial Trans Mountain pipeline project amid growing concerns of huge cost overruns.

The government nationalized the project, running from Alberta province to the Pacific coast, in 2018.