Greek FSRU looking to secure three more investors

DEPA and BEH are in advanced discussions, but one more player is needed to invest in Gastrade's Alexandroupolis LNG terminal
By Silvia Favasuli 30 June 2017
The Revithoussa LNG terminal, Greece. (European Commission)

The developer behind a planned LNG terminal in northern Greece is facing a battle to secure the investment it needs to take an FID.

Gastrade, part of Greek energy group Copelouzos and the would-be operator of Alexandroupolis LNG, told Interfax Natural Gas Daily it is looking to increase its number of shareholders from the two it has at present to five. Copelouzos controls 80% of Gastrade, with the remaining 20% held by LNG carrier specialist GasLog.

A Gastrade spokesman said the company was confident of investment from...

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