GASTRADE SA on Wednesday announced that the Council of Ministers of the Bulgarian Government approved the participation of BULGARTRANSGAZ with a percentage of 20 pct in the share capital of GASTRADE S.A -the developer of the LNG Terminal in Northern Greece off the shore of Alexandroupolis, ANA reports.
The Terminal comprises a floating LNG storage and regasification unit (FSRU) and a 28 km pipeline system. The LNG storage capacity of the FSRU will be up to 170,000 cubic meters and the maximum daily regasification capacity 22.7 million c.m. The FSRU will be moored 10 km offshore the city of Alexandroupolis and will be connected to the National Natural Gas Transmission System through a 28 km pipeline (24 km subsea pipeline and 4 km onshore pipeline).
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