Gas grid operator will review plans on additional LNG cargoes if Russian flows stop

The Greek gas grid operator will review its plans for additional cargoes of liquefied natural gas that Greece might need if Russia halts gas supplies to the country, the energy ministry said on Wednesday, ekathimerini.com reports.

The demand by Russia’s overpayments in roubles for its gas, which meets a third of Europe’s annual energy needs, has raised fears that it could turn off gas supplies.

Moscow is expected to make public its plans for rouble payments on Thursday, even though it said it would not immediately demand that buyers pay for gas exports in the currency.

Greece, which covers about 40% of its annual needs with Russian gas, on Wednesday held an emergency meeting of its energy regulator, gas and power transmission operators, and its largest gas and power suppliers to assess all available scenarios about gas supply security.

Along with additional LNG supplies, the government has asked grid operator DESFA to examine the cost of adding a floating tank at the country’s sole LNG terminal off Athens, the ministry said in a statement after the meeting.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

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