Thrace FSRU

From Global Energy Monitor
Part of the
Global Gas Infrastructure Tracker,
a Global Energy Monitor project.
Download full dataset
Report an error
Related categories:

Thrace FSRU Terminal is a proposed floating storage regasification unit (FSRU) terminal for LNG import in the Aegean Sea, off the coast of Greece.[1]

Location

Loading map...

Project Details

  • Owner: Gastrade[1]
  • Parent company: Elmina Copelouzou (20%), GasLog Cyprus Investments (20%), DEPA Commercial (20%), Bulgartransgaz (20%) and DESFA (20%)
  • Location:
  • Coordinates: 40.748354, 25.718754 (approximate)
  • Capacity: 6 bcm/y, 4.4 mtpa[2][3]
    • Formerly 5.5 bcm/y[1]
  • Cost:
  • Financing:
  • Status: Proposed
  • Type: Import
  • FID Status:
  • Start Year: 2024[3]

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

Background

In March 2022, Gastrade announced it was planning to install a second floating storage and regasification unit (FSRU) located in the Thracian Sea, offshore Alexandroupolis, and had submitted an application for a new independent natural gas system (INGS) license to the Regulatory Authority for Energy of Greece. Gastrade had already obtained an INGS license for the neighbouring Alexandroupolis LNG Terminal, and took a final investment decision (FID) for that project in January 2022. The Thrace FSRU would be able to deliver up to a maximum of 22.7 million cubic meters per day, or 5.5 bcm/y, the consortium said.[1]

In March 2024, the technical director of Alexandroupolis FSRU spoke at the Forum East Macedonia & Thrace Forum ΙΙ and left open the possibility of a second FSRU operating in the Thrace region.[4]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 Amanda Battersby, New LNG import project flagged for Greece, Upstream, Mar. 3, 2022
  2. UPDATED TYNDP 2022 List of Projects. ENTSOG. October 21, 2022.
  3. 3.0 3.1 S&P Global. Commodities 2024: European FSRU buildout set to continue in 2024. December 22, 2023.
  4. chtzanis (2024-03-13). "Gastrade Exec: New Alexandroupolis FSRU to Operate in April". tovima.com. Retrieved 2024-07-26.

Related GEM.wiki articles

External resources

External articles