Greece can deal well with prospective cuts in Russian gas supply because of the accessibility of melted gas (LNG) as a choice, its power priest stated on Monday after a conference with power vendors as well as grid drivers on power safety.
The nation depended on Russian gas through the TurkStream pipe for 40% of its demands in 2014. About 70% of its gas imports are made use of in power generation.
Russian gas moves to Europe through Ukraine as well as the Nord Stream 1 pipe have actually dropped this year after Russia’s intrusion of Ukraine in February as well as Europe’s transfer to enforce permissions on Moscow, motivating problems regarding additional disturbances over the winter months.
“Greece has the capacity to make it through possible cuts in Russian supplies,” Kostas Skrekas stated, nonetheless.
Compared to various other landlocked European nations, Greece is extra safe many thanks to melted gas imports, he stated. Supply of LNG, the majority of it from the United States, overtook that of Russian pipe gas in the very first quarter of the year.
A storage space as well as regasification terminal off Athens will certainly see its capability increase with the arrival of a brand-new storage space vessel, while gas energy DEPA as well as various other Greek gas purchasers have actually aligned added LNG freights if required, Skrekas stated.
Athens has actually currently permitted Bulgaria to utilize the Greek offshore LNG incurable as well as gas grid to cover component of its gas requires after Russia removed products to the nation for rejecting its roubles-for-gas settlement system.
Greece has actually remained in talks with Italy to see whether it can save gas there, as it has no gas storage space centers as well as might require to save sufficient gas in various other states to cover 15% of its yearly usage for the coming winter months. Read complete tale
Five gas-fired nuclear power plant have actually been waiting to change to diesel over the winter months, Skrekas stated.
(Reuters – Reporting by Angeliki Koutantou; Editing by Jan Harvey)
