JPMorgan To Expand In Greece With New Office Payments Team

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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.

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Mediterranean Gas plans to build an FSRU off the port of Volos, in central Greece.
It has invited LNG producers, traders, taxi online Vergina greece large-scale consumers, industrial users and marine and shipping companies to submit non-binding interest in booking capacity by Dec.

The Payments Innovation Lab will provide research and development to the bank's global payments business, including working with Onyx, JP Morgan's business unit that leverages cutting-edge technologies like blockchain.

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"We want to stay at the apex of payments innovation, and our new location in Athens will be a key nerve centre for our cutting edge payments innovation work," said Takis Georgakopoulos, Global Head of JPMorgan Payments.



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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.

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.

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.

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