“The Government’s first concern is to ensure the country’s energy efficiency. At the same time, we are fighting to achieve the lowest possible energy prices for consumers, households and businesses,” said Prime Minister Kyriakos Mitsotakis during his visit to facilities of the Liquefied Natural Gas (LNG) terminal on the island of Revythousa.
“I want to reiterate that we are facing an unprecedented explosion in gas prices. This problem is imported. It is a problem that concerns the whole of Europe and that is why I have personally fought for a pan-European response to a “The problem, which is not purely national, is European,” said the Prime Minister, who earlier toured the island and was given a tour of the terminal by DESFA CEO Maria Rita Galli.
“In any case, however, the government is committed to continuing to support energy consumers through a subsidy scheme that will continue next month. And in the event that there is no European response to this problem, I want all Greeks. to know that the Greek Government is ready to take significant additional measures in order to absorb the largest percentage of the increase in electricity bills, this is possible and permissible from the budget margins “, noted Kyriakos Mitsotakis.
“Today we visited Revythousa with the Prime Minister. Mrs. Maria Rita Galli, CEO of the DESFA Consortium informed us about the projects that will be implemented in the next period that increase the capacity of Revythousa, increase the possibility of receiving boats with liquefied natural gas. “This gives Greece the opportunity to increase its energy independence in terms of gas supply,” said Minister of Environment and Energy Costas Skrekas.
“Greece has made a large investment in recent years with the aim of increasing the resilience of the National Natural Gas System, through the expansion of Revythousa in 2019, through the interconnection with the Trans-Adriatic Natural Gas Pipeline (TAP) a few years ago. puts us, of course, in a much stronger position than we would be.We work tirelessly not only to maintain and guarantee the terminal capacity 100%, but also to strengthen – as expected – its ability to “accepts more ships, as well as expanding its capacity to refuel and serve the needs of the market”, noted, among others, the CEO of DESFA, Maria Rita Galli.
DESFA is considering the addition of a Floating Storage Unit (FSU) to the Revythousa Liquefied Natural Gas Terminal, increasing the total available storage capacity from 225,000 m3 to more than 380,000 m3.
At the same time, DESFA is expected to strengthen the possibility of re-gasification of the terminal by 12%.
Kyriakos Mitsotakis also talked to the employees and the executives of DESFA, while he saw up close the operation of the control center of the terminal. The Prime Minister was accompanied on his visit by the Minister of Environment and Energy Costas Skrekas, the Secretary General of Energy and Mineral Resources Alexandra Sdoukou, the Head of the Managing Authority of the Operational Program “Competitiveness, Entrepreneurship and Innovation” Angel.
The LNG Terminal of Revythousa
Revythousa Liquefied Natural Gas Terminal is the only LNG Terminal in Greece at the moment and one of the most important energy infrastructures for Greece and the wider region of Southeastern Europe.
– It has a total storage capacity of 225,000 m3 LNG, consisting of two tanks of 65,000 m3 each and one larger, with a capacity of 95,000 m3.
– The port of Revythousa can accommodate ships from 25,000 to 266,000 m3 LNG, a size that corresponds to the largest LNG transport ships in the world, with a length of about 355 meters.
– Strategically located, close to some of the most consumed areas, such as Attica and Boeotia, Revythousa can supply natural gas to both the Greek market and the markets of neighboring countries, through the existing interconnection with Bulgaria and the future interconnection with Northern Macedonia.
– It is a critical infrastructure for Greece, as it guarantees security of supply and allows the diversification of gas supply sources, providing operational flexibility in the transmission system, as well as increased capacity to meet maximum gas demand. It is the only Entry Point of the network that injects natural gas in the Southern part of the country.
– In addition to its key role in the day-to-day operation of the National Gas System, the Revythousa Terminal has proven its strategic importance in the past, as during the first gas crisis in Ukraine in 2009, it served effectively with LNG the Bulgarian market for some days, through a reverse flow of natural gas to Bulgaria from the connection point of Sidirokastro.
– In 2021, Revythousa covered almost one third (31.8%) of total gas imports in Greece, while in the first quarter of 2022 Revythousa became the main gateway for natural gas in the country, covering 43.23% of of our imports, upon receipt of 21 LNG shipments from 6 countries (USA, Algeria, Nigeria, Egypt, Oman and Indonesia)
The statement of the Prime Minister in detail:
“Here in Revythousa, the heart of our country’s gasification plant is beating. It is, indeed, an impressive installation, the Consortium that manages it is ready to make additional investments in order to significantly increase the storage capacity of Revythousa.
This is extremely important, because the country must be prepared for the worst-case scenario of a complete cessation of gas supplies from Russia, and we will be ready to cover this possibility as well.
Liquefied natural gas is extremely critical in order to achieve the expansion of gas supply sources. In this design, Revythousa in its current form, but also in its upgraded form, plays a decisive role. New investments, floating liquefied natural gas regeneration facilities, such as the one launched in Alexandroupolis, also play a key role.
The Government’s first concern is to ensure the energy efficiency of the country, but at the same time we are striving to achieve the lowest possible energy prices for consumers, households and businesses.
I want to reiterate once again that we are facing an unprecedented explosion in gas prices. This problem is imported. A problem that concerns the whole of Europe and that is why I have personally fought for a pan-European answer to a problem that is not purely national, it is European.
In any case, however, the government is committed to continuing to support energy consumers through a subsidy scheme that will continue next month.
And in the event that there is no European answer to this problem, I want all Greeks to know that the Greek Government is ready to take significant additional measures to absorb as much of the increase in electricity bills as possible. allowed by the budget margins.
I would like to thank all the employees and the management of the company in this extremely critical facility for the energy security of the country. ”
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Source: Capital
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