DESFA, Greece’s natural gas grid operator, said it is speeding up construction of a third liquefied natural gas storage tank at its Revithoussa Island terminal, near Athens. The 95,000-cubic meter LNG storage facility, which is budgeted at 130 million euros ($180 million), is now scheduled for completion in 2014, a year earlier than originally planned, the Athens-based company said in a statement on its website.
The facility will increase the company’s total storage capacity at Revithoussa to 225,000 cubic meters, boosting the reliability of Greece’s gas grid and enabling DESFA to provide services to the eastern Mediterranean region as a whole, the statement said. The wharf area at Revithoussa will be extended to enable LNG tankers of 180,000 cubic meters to dock, compared with today’s 135,000-cubic meter limit, DESFA said. LNG is gas-cooled to a liquid for transport.