Greece may replace Russian gas in 20 months
Greece's Prime Minister says his country may be able to completely replace Russian gas in 20 months with an LNG terminal.
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Greek Prime Minister Kyriakos Mitsotakis
Greek Prime Minister Kyriakos Mitsotakis said on Tuesday that Greece may be able to completely replace Russian gas in 20 months.
Greece is currently working on a floating terminal for liquefied natural gas (LNG) in Alexandroupoli, which will be finished in 20 months.
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The Alexandroupoli terminal is scheduled to be launched in late 2022 to early 2023, and its main suppliers will be companies from the US, Qatar, and other countries.
The terminal's regasification capabilities will be 5.5 billion cubic meters of gas a year, meaning that the LNG station will be able to replace Russian natural gas at the national level and a significant portion of Russian gas supplies in the Balkans, according to Mitsotakis, who spoke during the terminal's start of construction ceremony.
Moreover, the Greek PM said that there are also plans to speed up the construction of interconnector pipelines from Bulgaria to Greece and Serbia, as well as the Greece-North Macedonia pipeline.
