Friday, October 30, 2020
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DESFA’s investments to reinforce Greece as an international energy hub

Greece’s Gas Transmission System Operator (DESFA) is funding projects worth 500 million euros, in order to reinforce Greece as an international energy hub, as well as to upgrade the energy security of the Eastern Mediterranean region.

The CEO of DESFA, Nicola Battilana (pictured above), referred to the National Natural Gas System (NNGS) ten-year development plan for 2021-2030, noting that the goal of the program is to set Greece as the point of entry for the Balkans and East Europe through the supply of alternative sources of gas and LNG.

In this regard, earlier in July, a memorandum of understanding was signed between the Greek Gas Corporation DEPA, DESFA and the Port Authority of Patras (PPA), aiming to the promotion of the use of LNG as a marine fuel.

Concerning the inclusion of DESFA in the project of the LNG Floating Storage Regasification Station (FSRU) of Alexandroupolis, the company is committed to pursue possibilities that diversify the energy sources in the region, extending its boundaries to international projects and opportunities.

Finally, Mr Battilana underlined the importance of the new development project of the Greece-North Macedonia pipeline, that has been matured for more than one year now, setting DESFA closer to taking soon the final investment decision, following the grant of all the relevant environmental permits and the successful outcome of the market test.

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