GASTRADE
DESFA holds a 20% in Gastrade, the first company operating in Greece to be granted a license for an Independent Natural Gas System which has the objective to design, develop, operate, and manage the infrastructure for the reception, transmission and distribution of natural gas.
The Alexandroupolis FSRU Project comprises the FSRU and the permanent infrastructure which connects the FSRU to the Greek National Natural Gas Transmission system. The FSRU will be stationed approximately 17.6 km SW of the town of Alexandroupolis in NE Greece, will have an LNG storage capacity of 153,500 cubic meters and three regasification units, each with a regasification capacity of 315.000 cubic meters (267 mmscfd) of LNG/hour.
The Alexandroupolis FSRU is a project of strategic significance for Greece and SEE that:
- Contributes to supply security, liquidity and efficiency of Greece and SE Europe and to the diversification of sources and routes of natural gas supply
- Strengthens the strategic role of Greece in SE Europe
- Promotes competition among gas suppliers and supports the development of a trading hub in the wider region of SE Europe, leading to lower prices that will benefit final consumers
- Complementary to other NG regional projects, e.g IGB, TAP, IGNMC.
For more information: https://www.gastrade.gr/
Hellenic Energy Exchange
DESFA is one of the founding shareholders of HEnEx and holds a 7% share and one seat in the BoD of the Hellenic Energy Exchange (HEnEx), established on June 18, 2018 as a spin off of the former Greek electricity market operator LAGIE.
HEnEx S.A. has been designated by RAEWW as Nominated Electricity Market Operator (NEMO) for the operation of the Day-Ahead and Intraday Electricity Markets. Since ‘20, following the approval of the Hellenic Capital Market Commission (HCMC), HEnEx S.A is operating the Energy Financial Market, as Market Operator of the Energy Derivatives Market and since March ‘22, HEnEx S.A. is also operating the Natural Gas Trading Platform.
EnExClear, a subsidiary of HEnEx, is responsible for the clearing and settlement of transactions concluded in the Day-Ahead and Intraday Markets, for the transactions on the HEnEx’s Natural Gas Trading Platform as well as the clearing and settlement of positions in the Balancing Market.
Through its participation, DESFA has the opportunity to promote the establishment of a regional commercial and transportation hub around its network, by complementing the modern, user-friendly access framework with a transparent marketplace with reliable price signals. For more information: EnExGroup
SOUTH STREAM GREECE S.A.
Following the Intergovernmental Agreement between the Russian Federation and the Hellenic Republic, concerning the SOUTH STREAM pipeline in the Hellenic territory, the company styled «SOUTH STREAM – GREECE NATURAL GAS PIPELINE SOCIETE ANONYME» and with distinctive title the abbreviation «SOUTH STREAM – GREECE S.A» was established in 30th June 2010.
Shareholders of the company are Russian OAO Gazprom and DESFA S.A. with 50% share each. Head offices are located on municipality of Halandri Attika.
DESFA Solutions S.A.
DESFA Solutions is a Greek company, established in December 2024. A 100% subsidiary company of DESFA, DESFA Solutions aims to provide integrated services to customers, within or outside Greece, involving indicatively operation and maintenance of gas networks and LNG terminals, engineering, consulting and training services and certifications to third parties.