Greek LNG imports increase ranked among world’s highest

Greece is ranked 12th on an international list of 45 countries registering the biggest LNG import increases between January and October this year, according to a report presented yesterday at the World LNG Summit & Awards by independent LNG consultant Andy Flower.

Greek LNG imports during this period increased by approximately one million metric tons compared to the equivalent period in the previous year, the report showed. This increase highlights Greece’s rising stature as an emerging gas hub for gas transportation to the Balkans and eastern European countries.

France topped the list with an increase in LNG imports of approximately 10 million metric tons (mtpa), followed by the UK with a 6 million mtpa increase, and Spain with an increase of just under 6 million mtpa.

Greece’s prospective Alexandroupoli FSRU, in the northeast, offers potential for an even greater increase in LNG imports as, once completed, the facility will stand as one of the EU’s biggest FSRUs and LNG terminals.

The Alexandroupoli FSRU promises to offer a regasification capacity of 4 million tons and a storage capacity of 153,500 cubic meters, figures making it Europe’s fourth biggest FSRU.