Qatar Gas, the world’s biggest LNG producer, is expected to make its first LNG shipment to the Greek market this Saturday, when a Bahamian flagged tanker, Al Thakira, is scheduled to deliver an order placed by the Mytilineos corporate group to the Revythoussa islet LNG terminal just off Athens.
The Mytilineos group plans to cover its corporate energy needs for the local market and also export to neighboring countries with this order, measuring 140,000 cubic meters.
The order also promises to further diversify the Mytilineos group’s sources, reduce costs and provide greater flexibility for coverage of the seasonal peak’s heightened production at Mytilineos units.
The Qatari firm’s Greek market presence also promises to offer greater supply diversification for the wider region.
The Mytilineos corporate group’s planned LNG exports to neighboring markets from the Revythoussa terminal highlight Greece’s potential as a gateway for the wider Balkan region.
This is not a one-off order as the Mytilineos corporate group has signed a supply agreement with Qatar Gas for further shipments, Evangelos Mytilineos, the chief executive at the Mytilineos corporate group, recently informed a general shareholders’ meeting without offering further details.