North Macedonia's government said it is interested in participating in the construction of a floating liquefied natural gas (LNG) terminal being developed by Greek company Gastrade off the coastal city of Alexandroupolis.
North Macedonia's prime minister Zoran Zaev expressed his country's interest in taking part in the project during a meeting with Christos Copelouzos, CEO of Copelouzos Group, the founding member of Gastrade, held in Athens, the government said in a statement on Tuesday.
The LNG terminal in Alexandroupolis, which is expected to become operational in early 2023, is planned to comprise an floating unit for reception storage and regasification of LNG, which will be a new, independent energy gateway for the markets of Southeastern and Central Europe.
The station will have an LNG storage capacity of 170,000 cubic meters and a natural gas supply capacity that will exceed 5.5 billion cubic meters per year. The floating unit will be connected to Greece's national natural gas system via a 28 km long pipeline, through which the regasified LNG will be transmitted to the markets of Greece, Bulgaria and the wider region, from Romania, Serbia and North Macedonia to Hungary, Moldova and Ukraine.