RAE, the Regulatory Authority for Energy, has decided on a 12-month rental solution for an FSU installation at the country’s LNG terminal on the islet Revythoussa, just off Athens, a move planned to increase the facility’s capacity by 70 percent at an overall cost estimated at 20 million euros, energypress sources have informed.
The FSU, to serve as an addition to three existing storage units at the Revythoussa LNG terminal, is planned for July, the sources added.
RAE’s finalized decision enables gas grid operator DESFA, operating the LNG terminal, to stage a second round of binding bids for reservation of capacities. The procedure is expected to take place imminently, by mid-May. Four companies participated in the non-binding first round.
The FSU to be moored will offer a capacity of between 150,000 and 174,000 bcm, increasing the terminal’s current capacity of 225,000 m3 to at least 375,000 m3.