Electricity and gas from Greece will power the Balkans
Five plus five projects totaling 4 billion euros are coming to turn Greece into a central support pillar of the Balkan energy system in the next two years.
- Published in Greece
Five plus five projects totaling 4 billion euros are coming to turn Greece into a central support pillar of the Balkan energy system in the next two years.
The MoU signed in Cairo between the European Commission and Israel and Egypt has paved the way for alternative natural gas supply sources for the Greek and Balkan markets.
Two Floating Storage and Regasification Units (FSRU) for Liquefied Natural Gas (LNG) were chartered from George Prokopiou's Dynagas Ltd to the German Uniper, whose total capacity is equivalent to 30% of Russian gas imports to Germany.