Greece has reduced natural gas consumption by 40% since a year ago
Greece has reduced natural gas consumption by 40% since a year ago
  Investments  |  Economy  |  Infrastructure  |  Greece

Greece has reduced natural gas consumption by 40% since a year ago

Retail operation of the Greek-Bulgarian pipeline is scheduled to begin on October 1st
Share Copy Link
RE+D magazine
23.09.2022

The domestic natural gas consumption in September recorded a 40% decrease compared to last year while in the same period Greek energy exports to Italy and the Balkans increased.

This was pointed out by the Minister of Environment and Energy, Kostas Skrekas, speaking yesterday in Bucharest, at the Ministerial Council of the International Natural Gas Conference, where he presented the government's strategy for ensuring sufficient supply, ahead of the coming winter period, as well as the substantial assistance provided by our country to the states of the region by supporting their energy supply.

In particular, the minister referred to 

  • the reduction of domestic natural gas consumption in September by 40%, compared to last year.
  • the natural gas exports that are approaching 2 billion cubic meters this year compared to 0.7 last year. Greece has exported more than 18 TWh of natural gas to Bulgaria and 2 TWh to Italy
  • the record import of liquefied natural gas (LNG) cargoes arriving at Revythoussa, as vessels calling at the terminal have almost doubled. Already since June, LNG regasification capacity has increased by 12%.
  • the begging of the commercial operation of the Greek-Bulgarian pipeline on October 1st.
  • the contribution of the TAP pipeline which so far covers almost 20% of domestic consumption.