Increased investor interest in the Alexandroupoli liquefied natural gas (LNG) terminal in northern Greece reportedly led to the addition of the fifth member into a consortium established for the development of the project. The fifth investor is expected to be announced by the end of the year and it will acquire 20 % stake in the project.
An increasing number of companies that are considering entering the project is mostly due to recent US support of FSRU projects in Europe, its re-entry on the list of EU Projects of Common Interest (PCI) and confidence in project’s realization. Most of the companies interested in participating in the project are European and American and are either involved in production and trading of natural gas or they are European gas network operators.
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