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 […]
Commission approved the financial support of the LNG terminal in Alexandroupolis by the Greek State
The European Commission has approved, under EU State aid rules, a €166.7 million Greek support measure for the construction of a new liquid natural gas (“LNG”) terminal in Alexandroupolis, Greece. The project will contribute to the security and diversification of energy supplies in Greece and, more generally, in the region of South East Europe, without […]
Cooperation of NER AD and AD ESM with the Alexandroupolis LNG Terminal
The Greek company Gastrade SA announces the signing of the agreements for the cooperation of National Energy Resources “NER AD” Skopje and AD Power Plants of Northern Macedonia “AD ESM” with the Alexandroupolis LNG Terminal. The agreements were signed today in Skopje by the Vice President of the Board of Directors of Gastrade, Mr. Kostis […]
Completion of the participation of BULGARTRANSGAZ to the LNG Terminal in Alexandroupolis
The participation of BULGARTRANSGAZ, the operator of the national natural gas transmission network of Bulgaria, with 20% in the share capital of the Greek company GASTRADE that develops the Liquified Natural Gas (LNG) Terminal in Alexandroupolis, was completed today following the approval granted by the Bulgarian Commission for Protection of Competition. The participation of Bulgartransgaz […]
Invitation to Tender (ITT) for the Engineering, Procurement and Construction of the permanent mooring system of the Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) Project
Invitation to Tender (ITT) for the Engineering, Procurement and Construction of the permanent mooring system 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, storage and regasification of LNG, […]
Participation of DESFA in the Alexandroupolis LNG Terminal
The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20% of its share capital by DESFA S.A., owner and operator of the National Natural Gas Transmission System of Greece. The agreement was signed today in Athens by the Founding Shareholder & Chairman of the Board of Directors of Gastrade, […]