Politics

Today’s Extraordinary Meeting of the Ministers of Energy on Russian Gas is a milestone

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The government and the energy market expect a united European stance on payments to Gazprom for the gas market and clarification of the payment model that does not violate the framework of European sanctions against Russia. today’s extraordinary meeting of the Council of Energy Ministersin Brussels.

Sources of Greek energy companies that have transactions with the Russian company Gazprom gas supply They send a message of compliance with the framework set by the EU, but point out the need for this framework to be clarified as soon as possible and before the end of May, when the next payments to the Russian company are scheduled.

“The next payments to Gazprom will be made in the third 10 days of May. By then, the position of both EU states and companies on the technical issue of payment, ie conversion of euros, will have been fully clarified. “with which we paid and will continue to pay – in rubles as requested by the Russian company”, is the official position of the government as expressed by government spokesman Giannis Economou.

At the same time Ministry of Environment and Energy In cooperation with all actors in the energy market, it is preparing for all contingencies, including the scenario of the cessation of gas flow from Russia and the expected (due to weather conditions) increase in demand as we approach summer.

The addition of the new floating tank is a milestone for the security of energy supply liquefied natural gas (LNG) in Revythousa, which – according to the current schedule – is expected to be operational in July. The new tank increases the storage capacity of Revythousa, to more than 380,000 cubic meters (from the current 225,000). The addition of the tank on the one hand increases the capacity of the station but mainly increases the flexibility of the LNG supply chain. That is, there will be the possibility of accommodating ships in periods when the fixed tanks are full, so there will be the possibility of accommodating more ships in a period when the international demand for LNG cargo is increased.

The “arsenal” for dealing with a possible gas supply crisis also includes:

– Use of diesel oil instead of natural gas in the power plants, power 1.7 gigawatts that can be operated with alternative fuel.

-Ensuring the required quantities of lignite for the supply of PPC power plants.

– Securing additional loads of Liquefied Natural Gas.

-Exploring the possibility of supplying additional quantities of natural gas from Azerbaijan, through the TAP pipeline.

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