Instructions to Tenderers (ITT) for Supporting Services for Drafting & Finalizing Regulatory Framework Documents of the Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) Project: The Project is being developed by the Greek utility company GASTRADE S.A. and comprises an offshore floating, storage and regasification unit (“FSRU”) for the reception, temporary storage and regasification of […]
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Kick off for the Alexandroupolis FSRU by the Prime Ministers of Greece and Bulgaria
Alexandroupolis as a new gateway to energy security and autonomy for Greece and SE Europe The “Kickoff” for the realisation of the Floating Storage and Regasification Unit (FSRU) of Liquefied Natural Gas (LNG) in Alexandroupolis by Gastrade SA was formally given in a special ceremony that took place in the old Storage House of the […]
Gastrade announces that it submitted today to the Regulatory Authority for Energy of Greece (RAE) an application for a new Independent Natural Gas System (INGS) license
Gastrade announces that it submitted today to the Regulatory Authority for Energy of Greece (RAE) an application for a new Independent Natural Gas System (INGS) license. The new project, “Thrace INGS”, will consist of a Floating Storage & Regasification Unit and will be developed at the Sea of Thrace, offshore Alexandroupolis. The FSRU will have […]
Invitation to Tender (ITT) for the provision of Owner’s Engineer Services for the construction of the Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) Project:
Invitation to Tender (ITT) for the provision of Owner’s Engineer Services for the construction of the Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) Project: The Project is being developed by the Greek utility company GASTRADE S.A. and comprises an offshore floating, storage and regasification unit (“FSRU”) for the reception, temporary storage and regasification of LNG, […]
Gastrade adopts the Final Investment Decision for the Alexandroupolis Independent Natural Gas System (INGS)
The Final Investment Decision (FID) for the construction of the Independent Natural Gas System (INGS) of Alexandroupolis was taken yesterday by the shareholders of Gastrade SA. The FID is the last and most important milestone, before entering the project’s construction phase. The General Assembly unanimously approved that all requirements for the materialization of the project […]
DESFA participation in the Gastrade shareholding scheme ratified
Athens, December 30, 2021 – The participation of the National Natural Gas System Operator (DESFA SA) in the shareholding structure of Gastrade SA – the company that develops the Floating Storage and Regasification Unit (FSRU) of liquefied natural gas (LNG) in Alexandroupolis – with the acquisition of 20% of its share capital by the Operator, […]
European Commission clears the participation of the Hellenic Natural Gas Transmission System Operator S.A. (DESFA) in the shareholding scheme of Gastrade
Another important milestone for the project of the liquefied natural gas (LNG) terminal in Alexandroupolis, was achieved yesterday after the decision of the European Commission to approve the acquisition of joint control of Gastrade by the Hellenic Natural Gas Transmission System Operator SA. (DESFA), i.e., the participation in the shareholding scheme of the company together […]
Capacity Reservation
Pursuant to the decision of the Regulatory Authority for Energy (“RAE”) for the Exemption of Alexandroupolis INGS from the provisions of Articles 32, 41 (6), (8), (10) of Directive 2009/73/EC (Government Gazette Issue B’ 5941/31.12.2020), Gastrade publishes herein the long-term regasification capacity products (duration of more than one year) offered from Commercial Operation Date (COD), […]
The implementation of the ”Alexandroupolis Independent Natural Gas System (INGS)” project has been included in the NSRF
The implementation of the ”Alexandroupolis Independent Natural Gas System (INGS)” project has been included in the Operational Program of the NSRF “Competitiveness, Entrepreneurship and Innovation 2014-2020” (EPANEK), according to the decision of the Special Secretariat of the European Regional Development Fund issued on 22.09.2021. Beneficiary and implementing body of the project is the Greek company […]