Inclusion in the NSRF of the project of the New Pier Small Scale LNG in Revythousa

In the Operational Program “Competitiveness, Entrepreneurship and Innovation 2014-2020, the operation” New Small Scale LNG Pier at Revythousa Terminal was included, by decision of the Deputy Minister of Development and Investment, Mr. Ioannis Tsakiris, signed by the Special Secretariat for Banking Management.

As the ministry points out, this project envisages the creation of a new pier, parallel to the northeastern coast of Revythousa, which will have a total length of about 20m and a sea depth of about 12.00m along this length. The minimum width of the pier will be 30m.

This pier will serve the mooring of LNG carriers (LNG) of small capacity (between 1,000 and 30,000 m³ LNG). The operating depth along the pier will be at -12.60 meters from the average sea level, thus providing sufficient depth to accommodate LNG ships.

The facility consists of one (1) loading platform, two (2) double breasting dolphins and six (6) independent shore release fasteners (QRMHs). It is also planned to supply and install two LNG 12 ” (2X12 ”) loading arms and a 12 ” (1X12 ”) exhaust return arm and all the necessary equipment.

The total cost of the Operation amounts to 18,070,120.00 with the private participation amounting to 9,185,060.00 and the total public expenditure proposed for registration in the Public Investment Program to amount to 8,885,060.00 euros.

The start date of the project is set at 10/06/2021 and the end date at 31/12/2023, while the beneficiaries are the National Natural Gas System Operator (DESFA) SA.

The NSRF is an important financial tool for critical infrastructure projects related to the energy efficiency of our country.

The Minister of Development and Investment, Mr. Adonis Georgiadis stated:

“Today we have included the new Small Scale LNG pier at the Revythousa terminal in the Operational Program” Competitiveness, Entrepreneurship and Innovation 2014-2020 “. “The international gas price crisis. We are moving forward with all the tools at our disposal.”

Source: Capital

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