April 27, 2024

Athens News

News in English from Greece

Revitus: gas reserves in Greece

Prime Minister Kyriakos Mitsotakis visited the Revitus LNG terminal today.

The plant has the ability to supply natural gas both to the Greek market and to the markets of neighboring countries and is one of the most important energy infrastructure facilities not only for our country, but also for the wider region of South-Eastern Europe.

Opportunities of the LNG terminal in Revitus

The LNG production facilities (Τερματικός Σταθμός, LNG) have a total storage capacity of 225,000 m3, consisting of two tanks of 65,000 m3 each and one larger one with a capacity of 95,000 m3.

The Revitusa dock can accommodate vessels ranging from 25,000 to 266,000 m3 LNG, which is the size of the largest LNG carriers in the world, at around 355 meters in length.

Infrastructure

Strategically located close to some of the highest consumption areas, such as Attica and Boeotia, Revitusa can supply gas to both the Greek market and neighboring markets through an existing connection to Bulgaria and a future connection (pipeline) to North Macedonia.

This is a critical infrastructure for Greece, as it guarantees security of supply and allows for the diversification of gas supply sources, ensuring the operational flexibility of the transmission system, as well as increasing capacity to meet the maximum demand for gas. This is the only entry point to the network that supplies natural gas to the southern part of the country.

In addition to its key role in the day-to-day operation of the national natural gas system, the Revitus terminal has proven its strategic importance in the past, because he effectively served LNG during the first gas crisis in Ukraine in 2009 the Bulgarian market for several days, due to the reverse flow of natural gas to Bulgaria from the connection point of Sidirokastro.

In 2021, Revitusa covered almost a third (31.8%) of all gas imports to Greece, and in the first quarter of 2022 became the main gateway for natural gas in the country, covering 43.23% of imports when receiving 21 LNG shipments from 6 countries (USA , Algeria, Nigeria, Egypt, Oman and Indonesia).



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