Energy minister Kostas Skrekas has staged an emergency meeting with the country’s crisis management team to establish measures that would need to be implemented should Russia decide to disrupt its natural gas supply to Europe.
Gas grid operator DESFA will need to deliver a cost-benefit analysis to the ministry by tomorrow on a plan entailing the addition of an FSRU at the Revythoussa islet LNG terminal, just off Athens, as a capacity-boosting move.
In addition, the operator has until Tuesday to report back to the ministry on the progress of its talks with Italy’s SNAM aiming to reserve storage capacity at the neighboring country’s underground gas storage (UGS) facilities.
DESFA must also update its estimate on additional LNG shipments that would be required in Greece if Russia disrupts its natural gas supply to Europe.
Gas company DEPA Commercial, Greece’s biggest gas importer, is closely monitoring the availability of LNG shipments in international markets in order to secure additional shipments, if this is deemed necessary.
Furthermore, power utility PPC will forward, by Tuesday, to the energy ministry, its annual lignite extraction plan for continual operation of its available lignite-fired power stations.