Press Releases

West Macedonia pipeline will be the first high-pressure transmission gas pipeline in Greece, certified to transport up to 100% hydrogen and one of the first in Europe. It is part of the European Hydrogen Backbone, Europe’s hydrogen infrastructure needed to achieve its climate and energy objectives. In compliance with specification ASME B31.12 Option B, Corinth Pipeworks & DESFA...

The Final Investment Decision (FID) for the construction of the Independent Natural Gas System (INGS) of Alexandroupolis was taken yesterday by the shareholders of Gastrade SA. The FID is the last and most important milestone, before entering the project’s construction phase.   The General Assembly unanimously approved that all requirements for the materialization of the...

2021 was a record year for natural gas consumption in Greece: It was increased by 10.87 % (MWh) compared to 2020. Sidirokastro remains the main entry point  for natural gas to the NNGS during 2021, with a percentage of 45.5%. The Entry Point in Nea Mesimvria – through which the NNGS is interconnected with TAP since the end of 2020 – holds a significant share in...

Following today’s announcement, the EHB initiative is delighted to welcome six additional members: Amber Grid (Lithuania), Bulgartransgaz (Bulgaria), Conexus Baltic Grid (Latvia), Gassco (Norway), Plinacro (Croatia), and REN (Portugal). By broadening its base, this initiative has now reached 29 energy infrastructure operators covering 27 European countries. All members are united...

The participation of the National Natural Gas System Operator (DESFA SA) in the shareholding structure of Gastrade SA – the company that develops the Floating Storage and Regasification Unit (FSRU) of liquefied natural gas (LNG) in Alexandroupolis – with the acquisition of 20% of its share capital by the Operator, was officially ratified. The shares’ transfer agreement was...

The CEO of DESFA Maria Rita Galli and the Executive Director of Bulgartransgaz EAD Vladimir Malinov signed a letter of intent for cooperation in the field of hydrogen. They underline the key significance of hydrogen and its wide benefits on environment, the economy and society. Hydrogen applications and technologies for its production, transportation, and usage can contribute both to...

Significant interest from gas importers recorded The auction process of DESFA for the commitment of unloading slots and gasification capacity at the Revithoussa LNG Terminal Station for 2022 was completed today, Tuesday 2 November. The auctions started on October 22 and attracted the interest of the users of the National Natural Gas System (NNGS), since for the first time, groups...

In the framework of the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) of the United Nations Environment Programme (UNEP) DESFA obtained the “Gold Standard” acknowledgement for the year 2021, within the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) framework of the United Nations Environment Programme (UNEP). This recognition refers both to the highest levels of monitoring and...

The increasing trend in natural gas consumption in Greece continues in 2021, according to DESFA data for the period January – September 2021. Sidirokastro remains the main entry point for natural gas to the NNGS during the first nine months of 2021, with a rate of 45.19%. 13.45% increase in natural gas consumption (TWh) compared to 2020. 15.21% increase in consumption...

Signing of €505 million Common Bond Loan for the financing of the investment plan The National Bank of Greece, Eurobank, Alpha Bank, and Piraeus Bank reiterated their support for the development plan of the National Natural Gas System (NNGS) and the role of the DESFA in establishing Greece as an energy hub in the wider region, by signing a Syndicated Bond Loan Facility of €505...