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First two PPC orders for LNG approved for July

Featured First two PPC orders for LNG approved for July

State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.

The ATHEX-listed utility's board of directors this week approved two orders of 75K square meters each, from the natural gas transmission system operator's (DES.FA) complex on the islet on July 8 and July 24.