Upgrade of Liquefied Natural Gas terminal in Revithoussa to improve energy supply security

A major upgrade to the only existing Liquefied Natural gas (LNG) terminal in Revithoussa, west from Athens will improve energy efficiency and enhance security of energy supply in Greece and South Eastern Europe

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The investment scheme is being undertaken in two phases. The first phase, a priority under the Trans-European Energy Networks (TEN-energy) programme, is a ‘bridge’ project which provides for the construction of a 13 MW Combined Heat and Power (CHP) plant to upgrade the LNG terminal at Revithoussa. The new plant provides the power to cover the operation of the upgraded LNG plant while the heat produced during energy generation is used in the liquid gas evaporation process. It was initiated during the 2000-2006 programming period and is already completed.

Fully upgraded LNG plant

The second phase of the upgrade will increase and extend the storage capacity of the Revithoussa terminal. The project includes: the construction of a third tank of 95 000m³; the upgrade of marine facilities to accommodate LNG ships 85 % larger than at present; and the installation of additional cryogenic equipment to increase the gasification rate by 40 %.The Agia Triada metering station will also be upgraded in order to accommodate the expected 40 % increase in gas flow.

The aim of both projects is to increase energy security and flexibility, while lowering the cost of LNG prices to the consumer by around 4 %. The first phase has already provided an increase in energy efficiency and a reduction in the emission of greenhouse gases. 1 073 jobs are expected to be created once both projects are completed.

Total investment and EU funding

Total investment for the project “Liquefied Natural Gas Terminal Upgrade at Revithoussa” is EUR 10 063 353 for phase 1 and EUR 195 570 000 for phase 2. The EU’s European Regional Development Fund is contributing EUR 2 949 307 and EUR 47 827 598 respectively from the Operational Programmes “Competitiveness & Entrepreneurship”, priority axis "Completion of the country’s energy system and support for sustainability", "Attica", priority axis "Strengthening infrastructure relating to accessibility and energy", "Central Macedonia - Western Macedonia - Eastern Macedonia & Thrace", priority axis "Digital convergence and entrepreneurship in Eastern Macedonia & Thrace" and "Thessalia - Sterea Ellada - Ipiros", priority axis "Accessible infrastructures and services in Continental Greece"

Draft date