DESFA

The natural gas InterConnector Greece-Bulgaria (ICGB) announced this week the signing of an interconnection agreement with Greece's natural gas Transmission System Operator (DESFA) at the interconnection point (IP) located in Komotini in the north of the country.

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.

Greece is fast becoming an energy supplier in Southeastern Europe, said US Ambassador to Greece George Tsunis on Tuesday at the 7th Southeast Europe Energy Forum in Thessaloniki.

Greece will enjoy lower natural gas bills in the coming years as the country turns into a transit hub for natural gas in Southeastern Europe, Maria Rita Galli, CEO of gas grid operator DESFA, told reporters.

Greek gas grid operator DESFA wants to build a 1-billion-euro hydrogen pipeline that will connect Greece to Bulgaria, as part of a future European southeastern corridor, it said on Thursday.

Greece has received interest from 27 US and European companies in booking future capacity in its gas grid, which would allow them to import and export gas to Europe via the country in the coming decades, grid operator DESFA said on Thursday.

Households and businesses flipped their electricity and gas switches in 2022 to cope with high prices.

Official data from the Independent Power Transmission Operator (ADMIE) and the Natural Gas System Operator (DESFA) for the January-November period showed a plunge in demand for electricity by 25.07% and natural gas by 17.8%.

The group behind the cyberattack against the National Natural Gas System Operator proceeded to publish part of the documents they managed to intercept from the DESFA servers.

According to the first information, the material that has reached their hands is estimated at more than 350 GB, with the experts who have dealt with the case underlining that it is a "difficult case".

With anxiety in Europe escalating over Moscow's stance after the end of the ten-day maintenance period on the Nord Stream 1 pipeline on July 21, Prime Minister Kyriakos Mitsotakis called a meeting on the country's energy supply security measures.

"The first concern of the government is to ensure the energy adequacy of the country. At the same time, we are struggling to achieve the lowest possible energy prices for consumers, households and businesses ", noted the Prime Minister, Kyriakos Mitsotakis, during his visit to the facilities of the Liquefied Natural Gas (LNG) terminal on Revythousa island.