Gastrade proudly announces today, October 1st, 2024, that the Alexandroupolis LNG Terminal has entered commercial operations. It is one of the most important energy projects at the European, Regional, National and local level, designed, built, owned and operated by Gastrade. A landmark project envisioned 15 years ago by Dimitris Copelouzos.
The implementation of the Project began to materialise when the Final Investment Decision (FID) was taken on January 27, 2022, by Gastrade. Subsequently, onshore and offshore construction work in Alexandroupolis progressed rapidly, while in February 2023 construction of the LNG floating storage and regasification unit (FSRU) began in Singapore.
The FSRU sailed from the Seatrium shipyard on November 26, 2023, arriving in the waters of the Thracian Sea on December 17, 2023, where it moored in its permanent position.
With the successful completion of all commissioning tests and the issuance by the Ministry of Energy and Environment of the Operating Permit this past summer, the Project was brought into operational readiness, officially allowing the commencement of its commercial operations.
