Stationed in the north-eastern part of the Aegean Sea, the FSRU will have a storage capacity of 153,000m3 with a nominal gas send out rate of 625,000m3/h.
Considering recent events, the project aims to increase energy security and diversification of gas supplies in Southeast Europe, reducing reliance on a single country for its energy needs.
Stating that it is a ‘crucial project’ for the security of European energy supplies, Leonardo Brunori, Executive Vice President Energy & Mobility, RINA, added, “RINA has a long and proud track record of delivering FSRU and LNG projects globally having worked on over 200 in the last 15 years”
This experience is mirrored by Asprofos, which has been involved in all phases of the majority of the National Nature Gas System of Greece, including the LNG terminal in Revithoussa.
“We have also been actively involved in most of the natural gas projects which have been implemented or are under development in Greece,” said Dionysios Belekoukias, Managing Director, Asprofos.
Partially self-funded, the project will be co-financed from public funds, the National Bank of Greece and shareholder equity with the FSRU scheduled to be online by the end of 2023.