
The “Alexandroupolis”, Greece’s first floating storage and regasification unit (FSRU) vessel, anchored in the Thracian Sea off the northeast port of Alexandroupolis – its namesake – over the weekend.
The seaborne FSRU departed Singapore on Nov. 26 last month en route to the northern Aegean Sea port, following a 10-month alteration and upgrade at the Seatrium shipyard.
The immediate sea region off Alexandroupolis, which lies just west of the Greek-Turkish land border in the Thrace province, will be the FSRU’s permanent anchorage.
The entire project marks another step in the completion of a major energy milestone in southeast Europe.
The vessel will be connected with a high-pressure subsea pipeline that will subsequently link with an overland pipeline in order to deliver natural gas to Greece’s national transmission network. Final consumers will be in Greece, Bulgaria, Romania, North Macedonia, Serbia, and in the future, Moldova and Ukraine. Further expansion into central Europe is also envisioned.
The full operation of the unit is expected in the first quarter of 2024, following a pilot phase. The maximum capacity is billed at 5.5 billion cubic meters of gas on an annual basis.
Source: tovima.com


Latest News

Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00

Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today

Retail Trade in Greece Up 2.5% in December 2024: ELSTAT
In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%

Greek Fruit and Vegetable Exports Surge
Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.

Trump Tower in Greece? Speculation Grows Over Potential Investment
In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens

Was Aristidis Alafouzos, CEO of Okeanis Eco Tankers, cheering over extra earnings from carrying ‘sanctioned’ Russian oil?
Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil - Recently published data point to the opposite

Tax Filing in Greece Surpasses Expectations
Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025

Evangelos Marinakis: Proud of Diaspora Greeks, ‘Who’re All Together, United’
Marinakis, an Honorary Grand Marshal of the 86th Greek Independence Parade on Sunday, was touched by his contacts in New York City with members of the Greek-American community, where he spoke fondly of the Diaspora: ‘Twice as Greek, Twice over as Olympiacos fans'

Stirring 86th Greek Independence Day Parade Down 5th Ave. Evangelos Marinakis an Honorary Grand Marshal
According to NYPD sources, the 2025 parade is expected to be one of the biggest in recent memory, with some 120 groups with 52 floats and 15 marching bands paraded from 64th to 79th streets along renowned Fifth Avenue