hellenic gas transmission system operator
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Natural gas consumption fell almost 22% in 2023
Natural gas consumption fell 21.56% in 2023 compared with the previous year, the Hellenic Gas Transmission System Operator (DESFA) has said in a report.
Total demand for natural gas fell to 67.60 terawatt-hours (TWh) in 2023, from 86.18 TWh in 2022.
Domestic consumption fell 10.13% to 50.91 TWh and exports dropped 43.48% to 16.69 TWh.
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Cypriot gas network in a tangled mess
The development of Cyprus' natural gas network has become woefully entangled, as after the delays in the schedules and the appeals against the tender, sources at the Public Natural Gas Company (DEFA) emphasize that every possible effort must be made to complete all the necessary infrastructure works at Vassilikos.
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DESFA lands LNG project in Kuwait
Greece's gas grid operator is making a dynamic entry into the international scene after landing a significant project in Kuwait.
The Hellenic Gas Transmission System Operator (DESFA) has undertaken the operation and maintenance of a new liquefied natural gas (LNG) terminal under construction in the Gulf country, which is expected to start operating in 2021.
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EBRD buying into Greek energy exchange
The European Bank for Reconstruction and Development announced on Thursday the signing of agreements to obtain a 20 percent stake in the Hellenic Energy Exchange.
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