News &Press Releases

Gastrade adopts the Final Investment Decision for the Alexandroupolis Independent Natural Gas System (INGS) Announcements

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 […]

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European Commission clears the participation of the Hellenic Natural Gas Transmission System Operator S.A. (DESFA) in the shareholding scheme of Gastrade Announcements

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 […]

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The implementation of the ”Alexandroupolis Independent Natural Gas System (INGS)” project has been included in the NSRF Announcements

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 […]

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Commission approved the financial support of the LNG terminal in Alexandroupolis by the Greek State Announcements

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 […]

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