Greece’s first FSRU to receive commissioning LNG cargo on January 20

Greece’s Gastrade expects to receive on January 20 the commissioning cargo at its FSRU-based LNG import terminal in Alexandroupolis.

The firm launched a tender on October 31 for the supply of the commissioning cargo and relevant services. It extended the deadline for two times and the second deadline extension ended on December 15.

“The commissioning cargo is anticipated to arrive on the 20th of January in which then commissioning will begin and will last for 6-7 weeks,” Gastrade told LNG Prime in emailed comments on Wednesday.

Gastrade did not say who won the tender for the commissioning cargo.

“If no major issues arise during commissioning, the project will reach commercial operations in the first week of March, as planned,” the firm said.

Gastrade’s shareholders include founder Copelouzou, DESFA, DEPA, Bulgartransgaz, and GasLog.

Shareholder and Greek LNG shipping firm GasLog told Singapore’s Keppel Offshore & Marine, now Seatrium, in February 2022 to proceed with the conversion of the 2010-built, GasLog Chelsea, to an FSRU.

After that, the vessel entered the yard in February last year and the partners renamed it to Alexandroupolis.

Seatrium’s yard in Singapore completed the conversion work on the 153,600-cbm Alexandroupolis in November last year.

Image: Gastrade

Greece’s first FSRU arrived in Alexandroupolis from Singapore on December 17.

“The FSRU, upon arriving to site on Sunday 17th of December, has been safely hooked up to its mooring system at its permanent mooring position,” Gastrade said.

“Mooring hook-up was completed on the 23rd of December 2023,” the firm said.

The first FSRU is located in the sea of Thrace at a distance of 17.6 km SW from the port of Alexandroupolis and 10 km from the nearest coast of Makri. Also, it will be connected to a high-pressure subsea and onshore gas transmission pipeline.

Once operational, the pipeline will deliver natural gas to the Greek transmission system and onwards to the final consumers in Greece, Bulgaria, Romania, North Macedonia, Serbia and further to Moldova and Ukraine to the East and Hungary and Slovakia to the West, Gastrade said.

The Alexandroupolis LNG terminal will have a capacity of 5.5 Bcm.

With this project, Greece will get its first FSRU and the second LNG import facility, adding to DESFA’s import terminal located on the island of Revithoussa.

In addition to this unit, Gastrade is also planning to install a second FSRU offshore Alexandroupolis.

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About Stu Turley 3361 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.