Emergency measures for supply security through 2023

The government is rushing to approve a series of emergency measures aiming to protect energy supply security through 2023 following Russia’s latest reduction of natural gas to Europe.

Last Friday, Russia halved its natural gas deliveries to Italy and Slovakia and cut off France after previously disrupting all natural gas flow to Bulgaria, Denmark, Finland, the Netherlands and Poland.

An energy ministry draft bill carrying the emergency measures was submitted to parliament late last Friday night.

It includes articles for the installation of a floating storage unit at the LNG terminal on Revythoussa, the islet just off Athens; extended operation of power stations on Crete, until December 31, 2023; as well as mobilization of power stations on islands interconnected with the mainland as back-up facilities.