Greek LNG Terminals In The Pipeline
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The Commission last week proposed a gas price cap that would kick in if the front-month Title Transfer Facility (TTF) gas price exceeded 275 euros ($289) per megawatt-hour for two weeks and was 58 euros higher than a liquefied natural gas reference price for 10 days.
Gastrade, owned by Greece's Copelouzos family, is developing an FSRU which will be anchored about 18 kilometres off the northern Greek port of Alexandroupolis, carrying gas to shore via a 28-kilometre-long pipeline.
The country has already cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to the Revithoussa facility, which is 5 miles (40 kms)from Athens and can store 225,000 cubic metres of gas and regasify 1,400 cubic metres per hour.
BRUSSELS, Dec 2 (Reuters) - European Union countries will consider on Friday a proposal for a gas price cap slightly lower than a Brussels proposal that some view as too high, with a handful of countries pushing for an even lower limit, documents seen by Reuters showed.
Greece's sole operational LNG regasification and storage terminal on the Revithoussa islet off Athens has played a pivotal role in the country's strategy to wean itself off Russian gas and boost the security of supplies ahead of winter.
ATHENS, Nov 30 (Reuters) - As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports.
In a document shared with other EU member states this week, Italy, Poland, Greece, Belgium and Slovenia proposed two options: either a far lower fixed price cap of 160 euros/MWh, best private tours in Delphi greece or taxi Delphi airport to piraeus price a "dynamic price cap" that could fluctuate in response to existing liquefied natural gas price benchmarks.
Mediterranean Gas plans to build an FSRU off the port of Volos, in central Greece.
It has invited LNG producers, traders, large-scale consumers, industrial users and marine and shipping companies to submit non-binding interest in booking capacity by Dec.
EU gas prices have soared this year as Russia slashed gas deliveries to Europe following its invasion of Ukraine, prompting governments to spend hundreds of billions of euros to cushion their economies from the surge in energy costs.
The revised proposal, seen by Reuters, taxi price Delphi to airport would also extend the cap to cover not only the front-month gas contract, piraeus bus to Meteora as the Commission proposed, but contracts with expiry dates as far forward as a quarter-year.
On Friday, countries will consider a revised proposal by the Czech Republic, which holds the rotating EU presidency, which would lower the limit to 264 euros/MWh and require prices to remain above that level for five trading days, instead of two weeks, to trigger the cap.
Some countries criticised the original EU proposal, including suggestions it was designed with such a high price and with criteria so strict that the cap would never be triggered, piraeus bus to Meteora and thus fail rafina to Delphi airport taxi cost cushion their economies from price spikes.
But while EU countries have already agreed a raft of emergency energy measures, including requirements to fill gas storage to prepare for Delphi greece taxi fare to airport winter, diplomats expected tough negotiations on the price cap and some were doubtful a deal could be struck in time for Delphi greece taxi prices a Dec.
