The Greek Alexandroupolis FSRU project with a European dimension is under completion.

The conversion work of the FSRU will be finalized and the delivery is getting closer.

Gastrade said in a social media post on Wednesday that its managing director Konstantinos Sifnaios visited the FSRU conversion works at Keppel Offshore & Marine.

Sifnaios was accompanied by officials from some of Gastrade’s shareholders, including GasLog, Bulgartransgaz, and DESFA, the company said in the post.

“Getting closer to the delivery of the Alexandroupolis FSRU. We appreciate the strong collaboration between our partners leading to the success of the project”, Gastrade said.

Gastrade did not provide any additional information in the post.

The work to develop Greece’s first Floating Storage Regasification Unit commenced at the beginning of this year.

The first FSRU conversion of LNG carrier, under Greek flag, has kicked off at the Keppel shipyard.

The FSRU, with a capacity of 153,500 c.m. of LNG, will be connected to the National Natural Gas Transmission System of Greece with a 28 km long pipeline, through which the gasified LNG will be transmitted to the markets of Greece, Bulgaria and the wider region.

The Alexandroupolis FSRU is expected to operate by the end of 2023, with the contracted regasification capacity reaching already up to 60% of its technical capacity of 5.5 billion c.m. per year.

The “Kickoff” for the realisation of the Floating Storage and Regasification Unit (FSRU) of Liquefied Natural Gas (LNG) in Alexandroupolis by Gastrade was formally given in a special ceremony that took place last year in the old Storage House of the Alexandroupolis Port Customs.

Also, Svitzer towage provider and part of A.P. Moller-Maersk has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System LNG terminal.

Svitzer will provide four new ASD tugboats, fully manned by Greek crew, to assist the FSRU and the carriers delivering LNG.

Svitzer tugboats will provide berthing, un-berthing, navigation assistance, and other terminal services including firefighting, pollution control, pilot and boarding party transfer.

Furthermore, Svitzer will provide support and station keeping services to the FSRU during initial installation.

“Through GasLog’s renowned high standards of safety and reliability, the FSRU Alexandroupolis will offer energy diversification and security to the wider region and establish GasLog as an integrated provider of natural gas solutions. We are thankful to DNV for their support and partner-mindset throughout the project”, said Kostas Karathanos GasLog’s COO.