Revithoussa LNG Terminal

Bulgaria on Jan. 3 gained access to Türkiye's terminals and gas transmission network under a long-term deal that will help the country replace supplies once provided by Russia.

Bulgaria's state gas company Bulgargaz and the Turkish gas transmission company Botas signed a 13-year deal that grants the Balkan neighbor access to Türkiye's terminals for liquefied natural gas.

Greece is gradually putting in place a liquefied natural gas distribution network capable of meeting the needs of households, small businesses, and industries, as well as heavy vehicles and trucks with LNG.

The opening of the LNG - Truck Loading Station at the liquefied gas storage facilities in Revythoussa is just the beginning.

More than double the current imports of liquefied natural gas (LNG) will be required to meet electricity and gas consumption needs in Greece and neighboring countries if Moscow cuts off gas supplies through pipelines to our northern borders.

Greece's state-controlled natural gas firm DEPA signed a cooperation agreement on Thursday with natural gas company Gastrade to participate in the development of a liquefied natural gas terminal in northern Greece, DEPA said.

Greece currently has one LNG terminal on Revythousa, an islet off Athens.

Greece can become a natural gas price hub for southeast Europe within three to four years as supply projects come together in the Mediterranean nation, according to Depa SA.