Greek Islet facility prepares for first Russian LNG arrival

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ATHENS — Greece fears Russia could slow the flow or cut energy supplies in retaliation for European Union sanctions over Ukraine’s invasion, but Russian liquefied natural gas (LNG) is coming.

The Greek gas transmission system operator’s LNG import facility on the islet of Revithoussa in the Gulf of Megara west of Athens is about to receive its first cargo from the new facility of the Russian Gazprom in the Leningrad region.

The LNG Prime site, citing shipping data, said the 170,000 cubic meter (6,003,493 cu ft) LNG carrier Pskov, owned by Sovcomflot, sailed on September 13 from the Portovyy, which serves as a floating storage for the export of LNG from Gazprom. project located near the Russian Baltic Sea port of Vysotsk.

Pskov was previously heading for the Suez Canal in Egypt, but AIS data provided by Vessels Value shows that the ship was on October 3 in the Aegean Sea in Greece and was due to arrive in Revithoussa.

The data shows Greek industrial conglomerate Mytilineos had bought the cargo, the energy news site said.

LNG is an alternative source to Russian gas and oil which provides up to 40-45% of EU and Greek needs, supplies exempt from sanctions related to the war with Ukraine.

Imports through DESFA’s LNG import terminal in Revithoussa increased significantly, mainly due to higher US volumes, accounting for 44% of total natural gas imports, up from 31% last year.

The EU has not imposed sanctions on LNG supplies from Russia and European terminals regularly receive LNG shipments from Russia despite condemnation of the invasion.

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