Thessaloniki FSRU

This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.

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Thessaloniki FSRU Terminal is a proposed floating storage regasification unit (FSRU) terminal for LNG import in the Thermaic Gulf, off the coast of Greece.

Location

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Project Details

• Operator:
• Owner: Elpedison
• Parent company: Hellenic Petroleum [50%], Edison [50%]
• Vessel:
• Vessel operator:
• Vessel owner:
• Vessel parent company:
• Location: Thermaic Gulf, offshore of Thessaloniki
• Coordinates: 40.2893, 23.0250 (approximate)
• Capacity: 7.3 bcm/y (estimated)
• Cost:
• Financing:
• Status: Proposed
• Type: Import
• FID Status: Pre-FID
• Start Year: 2025

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day; bcm/y = billion cubic meters per year

Background

In April 2022, Elpedison announced it was planning to install a floating storage and regasification unit (FSRU) offshore of Thessaloniki, and had submitted an application for a new independent natural gas system (INGS) license to Greece’s Regulatory Authority for Energy (RAE). The Thessaloniki FSRU would connect to onshore and underwater pipelines with Elpedison’s power plants in Thessaloniki, one existing and one under design, as well as with existing pipelines in the area. Elpedison said it was targeting a 2025 start date, subject to approvals and a final investment decision, and the FSRU would be able to deliver up to 20 million cubic meters per day, which equates to 7.3 bcm/y.

In December 2023, Elpedison tested market interest for the project, inviting parties to express interest in booking capacities and services from the terminal.