Press releases

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...

DESFA and NER JSC SKOPJE signed today, September 10th, 2021, a Cooperation Agreement for the development and construction of the Greece-North Macedonia Gas Interconnector, in the framework of the 5th Southeast Energy Forum held in Thessaloniki by the American-Hellenic Chamber of Commerce (AmCham) and the Hellenic Association for Energy Economics (HAEE), in cooperation with the Embassy...

The creation of a gas trading platform and a Greek spot gas market were at the center of the online workshop organized jointly by DESFA and EnExGroup (HEnEx & EnExClear), under the auspices of RAE, on Monday, July 12, 2021, titled “Hellenic Natural Gas Market Joint Workshop on Natural Gas Trading Platform”. More precisely, the proposed framework and underlying...

14.11% increase in natural gas consumption in Greece for the first half of 2021 compared to last year’s corresponding period. Total demand increased at 7.29% (domestic consumption and exports) Sidirokastro remains the main gateway for natural gas to the NNGS during the first half of 2021, with a percentage of 45.01% Entry Point in Nea Mesimvria holds a significant share in the...

DESFA and Dioriga Gas signed on Wednesday June 16th 2021 the Advanced Reservation of Capacity Agreement (ARCA) for the construction of the connections between the planned floating storage and regasification unit of Dioriga Gas, which is set to be developed by the subsidiary of Motor Oil in the Gulf of Agioi Theodoroi, in Corinth and the National...