Greece is expanding LNG infrastructure – but experts warn against overdoing it

LNG terminal on Revithoussa

So far, all Greek LNG imports have gone through the country’s only terminal, but that is set to change as early as 2023.

(Photo: DESFA)

Athens Since the start of the Ukraine war, Greece has become increasingly important as a hub for gas supplies to neighboring countries that are breaking away from Russian pipeline gas. The main focus here is on liquefied natural gas (LNG). Last year, 78 gas tankers docked at Greece’s only LNG terminal on the island of Revithoussa near Athens – more than twice as many as in 2021.

The number of deliveries is likely to increase even more in the near future. Because private investors are currently building and planning five more terminals in Greek ports, which should go online between the end of 2023 and 2025.

If all plans are realized, in about three years Greece would have an LNG handling capacity of 25 billion cubic meters (billion cubic meters, bcm) per year. That would be around four times the current personal requirements.

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