The Singaporean engineering group Seatrium has completed near shore testing works on the Floating Storage and Regasification Unit (FSRU) Alexandroupolis, and shipped the FSRU to Alexandroupolis in northern Greece, where it is expected to arrive in mid-December 2023. The 155,000 cbm LNG carrier is the first FSRU conversion registered in Greece and will have an overall delivery capacity of 5.5 bcm/year, with a peak send out of 22 mcm/day.
The Alexandroupolis LNG terminal project is owned and managed by Gastrade, a consortium by the Bulgarian gas transmission system operator Bulgartransgaz (20%), the Greek gas transmission system operator DESFA (20%), the Greek gas company DEPA (20%), the Greek infrastructure investor Copelouzos Group (20%) and the Cypriot owner of LNG carriers GasLog (20%).
Back in January 2023, PPC, DEPA Commercial and Damco Energy Copelouzos Group) teamed-up to start the construction of an 840 MW CCGT power plant that will be directly connected to the FSRU. The equipment that will be installed in the plant is suitable for hydrogen combustion and can operate with mixed fuel. The new power plant is expected to be operational by the end of 2025.
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