Transgaz set its sights on the only LNG terminal in Greece

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National Gas Transmission Company Transgaz has expressed an interest in the development of the Revithoussa LNG terminal, informs.

The expansion of the terminal would contribute to the creation of an integrated north-south transmission corridor and help whip-up market liquidity thanks to attractive LNG terms that are opening up globally, Ion Sterian, Transgaz CEO, stated attending Athens Energy Forum.

The onshore terminal is currently adding a third 95,000 cubic metre (cbm) tank which will require additional infrastructure to be built this spring.

The terminal will have a total capacity of 225,000 cbm and its send-out will expand from 150GWh/day to 215GWh/day.

When complete, its expanded capacity will be sufficient to cover Greek gas demand for a day, except for periods of peak consumption when demand can reach up to 250GWh/day.

Greece began importing LNG in February 2000, at its Revithoussa terminal on a small island west of Athens that in 2015 handled 0.45 mt, an 18.4 percent increase on-year.

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