Snam's DESFA eyeing 20% stake in Greek offshore LNG terminal
Greek gas grid DESFA, 66%-owned by a consortium led by Italy’s Snam, is interested in buying a stake in an offshore LNG terminal in northern Greece, people familiar with the matter said. DESFA is considering taking a 20% stake in the consortium developing the Alexandroupolis LNG project, which is expected to be operational by 2023, the sources said. Earlier this month, Greek energy news portal Energypress reported DESFA could join the project. Snam, Europe’s biggest gas transport infrastructure company, declined to comment. The floating terminal, dubbed a project of “common interest” by the European Commission, will have a capacity of around 6 billion cubic metres of gas per year an
Comments