DEPA eyeing stake in Alexandroupoli LNG terminal

Public Gas Corporation (DEPA) is weighing the idea of acquiring a 20 percent stake in the project of the planned liquefied natural gas (LNG) terminal off Alexandroupoli, in northern Greece, after the project received a fresh boost from the completion of the entry of GasLog (which belongs to shipowner Peter Livanos) with another 20 percent stake.

DEPA's interest was originally expressed by the corporation's previous management, but that later subsided. However, Kathimerini now understands that this interest has been revived, with DEPA's new management, led by Theodoros Kitsakos, locked in discussions with Gastrade (a member of the Copelouzos Group), which is promoting the construction of the Alexandroupoli terminal.

DEPA's interest is also associated with the Interconnector Greece-Bulgaria (IGB) pipeline, as together the two projects could strengthen Greece's ambitions...