
An application for the issuance of an Independent Natural Gas System (ASFA) License was submitted today to the Energy Regulatory Authority (RAE) by ELPEDISON, according to a relevant announcement.
The new project, “Thessaloniki FSRU”, will consist of a Floating Storage & Gasification Unit of Liquefied Natural Gas (FSRU), to be deployed in Thermaikos Gulf, off Thessaloniki and is expected to operate in 2025.
Possibilities
The FSRU will have a storage capacity of 170,000 sq.m. Liquefied Natural Gas (LNG) and will be able to deliver up to 20 million cubic meters of gas per day. The project will also include a system of land and underwater pipelines that will connect the FSRU with the power plants of ELPEDISON in Thessaloniki (one existing and one under design), as well as with the existing pipelines of the National Gas Transmission System in the area.
The construction of the “Thessaloniki FSRU” will strengthen security of supply, will allow expanded access to the gas markets and will contribute to the decongestion of the National Gas Transmission System. At the same time, it will be a point of supply for ships with LNG fuel for the port of Thessaloniki.
Operation
The operation of the FSRU will give ELPEDISON greater flexibility in the activity of import and management of natural gas, especially in peak periods. It is a means to increase marketing opportunities in Greece and abroad as well as to optimize the management and operation of power plants. In particular, it will enable the supply chain to operate more efficiently by taking advantage of market opportunities, including flexibility in cargo management and optimizing LNG storage, contributing to the overall increase in moving gas volumes and, ultimately, supply security.


Latest News

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread

Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion

Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece

Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece