Gas grid operator DESFA has reached a finalized investment decision to develop a new small-scale LNG jetty at its LNG terminal on the islet Revythoussa, just off Athens, paving the way for the establishment of a small-scale LNG supply chain in Greece.
This new infrastructure, to be developed at the northeastern flank of the islet, will come as an addition to the facility’s LNG truck loading station, contributing, amongst other things, to the emergence of LNG bunkering at the nearby Piraeus port.
The new small-scale LNG jetty, budgeted at 20.4 million euros, is planned to begin operating in autumn, 2022, according to the gas grid operator’s ten-year development plan covering 2021 to 2030.
DESFA has applied for subsidized financing support through the National Strategic Reference Framework (2014-2020), which would cover 50.42 percent of the project’s cost. The operator will either use cash reserves or take out a loan for the remainder of the project’s cost.
LNG bunkering at Piraeus port will begin with supply to small-size gas-fueled vessels.