Gastrade S.A. has announced that the commercial operations date of the LNG Alexandroupolis Terminal is confirmed for October 1st, 2024, following the successful completion of all commissioning tests.
According to the company’s announcement, the project will be fully operational in less than a month and will bring multiple benefits since it is also linked to the Vertical Corridor Initiative.
Gastrade explained that the imminent commencement of operations at the LNG Alexandroupolis Terminal “marks the completion of a project with prominent European, national and local significance.”
It is also believed that this project will enhance Greece’s leadership role in energy and will contribute to the diversification of gas resources, to the energy security, and the establishment of a liquid regional gas trading hub in Southeast and Central Europe.
The project will also support the expansion and will strengthen the perspective of the Vertical Corridor Initiative.
“The entire Gastrade team is thrilled to begin commercial operations of the LNG Alexandroupolis Terminal, coinciding with the new Gas Year, very soon,” Gastrade said in its release.