19 July 2018

Plans for natural gas networks investments in Greece

28 September 17 - RE+D Magazine
Plans for natural gas networks investments in Greece


IBI Group

Consultant - GREECE


Investment - GREECE


Public entity - GREECE


Consultant - GREECE


Antulio Richetta

Director IBI Group
The investment plans of Greece's natural gas distribution companies envisage the expansion of natural gas networks to more than 50 regions and municipalities in the country, beginning this year and scheduled to be completed in 2023.


Presenting the plans during a seminar organised by the Greek Technical Chamber in Athens on Wednesday, were Gas Networks Public Enterprise (DEDA) CEO Thedore Terzopoulos and Leonidas Bakouras, managing director of Natural Gas Distribution Company (EDA) in Thessaloniki-Thessaly.

Anastasios Tosios, distribution manager in EDA Attica, addressing the seminar, said the company will place emphasis on attracting new connections to its existing network and not expansion.

More specifically, the Thessaloniki-Thessaly company will expand its network to 12 new regions in Thessaloniki and another 12 in Thessaly and expects supply to be delivered by the end of the year.

DEDA plans to expand its activities in the cities of Alexandroupoli, Komotini, Drama, Xanthi, Orestiada, Kavala, Katerini, Kilkis, Serres, Veria, Giannitsa, Alexandria, Lamia, Chalkida, Thiva, Livadia in the period 2018-2022 and in the cities of Corinth, Tripoli, Kalamata, Sparti, Argos, Patra, Agrinio, Pyrgos, Kastoria and Grevena in the period 2019-2023.

DEDA estimates that the benefit from reducing energy costs in the period 2018-2036 in the regions of Eastern Macedonia-Thrace, Central Macedonia and Central Greece, will total 2.211 billion euros, while the added value in the economies of these regions to reach 755.7 million euros.

More than 2,500 direct and indirect new job positions were expected to be created during construction works.


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