ENTSOG Southern Corridor (SC) Gas Regional Investment Plan (GRIP) 2014-2023 / Annex B: Infrastructure Projects

PROJECTED CAPACITY INCREASES Interconnection

Capacity (GWh/d)

From Zone

To Zone

Modelled Direction Yes exit

Aegean LNG

154.00

LNG Terminals Greece

Hub Greece

DESCRIPTION OF THE PROJECT

The LNG import terminal will be a FSRU, located at the North-Eastern (Northern Aegean) area of Greece, with a capacity of 3-5 bcm/y. It will supply LNG directly to Greece and, further north, to Bulgaria and Romania.

EXPECTED BENEFITS

Security of Supply, Market integration, Diversification of sources, N-1 National, Back-up for renewables, Power-to-gas, Being located in the North of Greece it will provide more balanced LNG supply in the country than the existing Revythousa terminal. The upgrading of the pipline network could be facilitated by creating an additional access point in this particular geographical area. Will make available small quantities of LNG for industrial/commercial applications and for its use as a transportation fuel for road, rail and marine applications.The availability of LNG in the South-Eastern Balkan area will increase the use of Natural Gas for electricity production and other big industrial applications, reducing substantially the GHG emissions. As a LNG storage facility, the project will respond to daily increases in demand (short term resilience).

COMMENTS ABOUT THE PROJECT FINANCING Public financing

Private financing

Multilateral financing

Southern Corridor GRIP 2014–2023 Annex B | 17

ENTSOG TYNDP 2013-2013 - Annex A