Economou: Enhances our energy security with the inclusion of the new LNG pier in Revythousa in a business plan

Government spokesman Giannis Oikonomou spoke about strengthening the country’s energy security in a post on Twitter, referring to the new LNG pier in Revythousa, which is part of an operational program.

“Its integration new pier Small Scale LNG in Revythousa “In the Operational Program” Competitiveness, Entrepreneurship & Innovation 2014-2020 “, it gradually aims at the energy security of the country. #We_use a plan to utilize all the tools.

The inclusion of the new Small Scale LNG pier in Revythousa in the Operational Program “Competitiveness Entrepreneurship & Innovation 2014-2020” gradually aims at the energy security of the country.# With_design we use all the tools.@AdonisGeorgiadi @ yannistsakiris1

– Γιάννης Οικονόμου (@joikonomou) April 26, 2022

Revythousa increases the energy independence of Greece

The Prime Minister and the Minister of Environment and Energy, Costas Skrekas, who accompanied him to Revythousa, were jointly informed by Ms. Maria Rita Galli, CEO of our DESFA Consortium, about the projects that will be implemented in the near future. Projects that, as the Minister stated, enable Greece to increase its energy independence in terms of gas reception as “they increase the capacity of Revythousa and increase the possibility of receiving ships with liquefied natural gas”.

“Greece has made a large investment in recent years with the aim of increasing the resilience of the National Natural Gas System, through the expansion of Revythousa in 2019, through the interconnection with the Trans-Adriatic Pipeline Natural gas (TAP) a few years ago. And that puts us, of course, in a much stronger position than we would be. We are working tirelessly not only to maintain and guarantee the capacity of the terminal at 100%, but also to strengthen -as expected- its capacity to accept more ships, as well as to expand its capacity to refuel and serve needs of the market “, noted, among others, the CEO of DESFA, Maria Rita Galli.

DESFA’s plans for Revythousa

DESFA is considering the addition of a Floating Storage Unit (FSU) to the Revythousa Liquefied Natural Gas Terminal, increasing the total available storage capacity from 225,000 m3 to more than 380,000 m3.

At the same time, DESFA is expected to strengthen the possibility of re-gasification of the terminal by 12%.

The LNG Terminal of Revythousa

– The Revythousa Liquefied Natural Gas Terminal is the only LNG Terminal in Greece at the moment and one of the most important energy infrastructures for Greece and the wider region of Southeastern Europe.

– It has a total storage capacity of 225,000 m3 LNG, consisting of two tanks of 65,000 m3 each and one larger, with a capacity of 95,000 m3.

– The port of Revythousa can accommodate ships from 25,000 to 266,000 m3 LNG, a size that corresponds to the largest LNG transport ships in the world, with a length of about 355 meters.

– Strategically located, close to some of the most consumed areas, such as Attica and Boeotia, Revythousa can supply natural gas to both the Greek market and the markets of neighboring countries, through the existing interconnection with Bulgaria and the future interconnection with Northern Macedonia.

– It is a critical infrastructure for Greece, as it guarantees security of supply and allows the diversification of gas supply sources, providing operational flexibility in the transmission system, as well as increased capacity to meet maximum gas demand. It is the only Entry Point of the network that injects natural gas in the Southern part of the country.

– In addition to its key role in the day-to-day operation of the National Natural Gas System, the Revythousa Terminal has proven its strategic importance in the past, as during the first gas crisis in Ukraine in 2009, it served effectively with LNG the Bulgarian market for some days, through a reverse flow of natural gas to Bulgaria from the connection point of Sidirokastro.

– In 2021, Revythousa covered almost one third (31.8%) of total gas imports in Greece, while in the first quarter of 2022 Revythousa became the main gateway for natural gas in the country, covering 43.23% of of our imports, upon receipt of 21 LNG shipments from 6 countries (USA, Algeria, Nigeria, Egypt, Oman and Indonesia).

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