Thursday April 2, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Socar keeps an eye on DESFA investment projects

By Chryssa Liaggou

Socar is closely monitoring the implementation of the investment program of Greeces natural gas transmission network operator (DESFA) that the Azeri state energy company will soon control after agreeing to buy a 66 percent stake in it.

Senior Socar officials arrived in Athens this week and asked for a full update on the course of the project to upgrade the storage facilities on Revythousa island, the Megalopoli natural gas pipeline in the Peloponnese, and the two-way flow installation at the Sidirokastro station on the border with Bulgaria.

DESFA announced on Tuesday that the construction of a third tank on Revythousa will increase its liquefied natural gas (LNG) storage capacity by 73 percent, from 130,000 to 225,000 cubic meters, allowing for more users to import and store gas quantities. It will also increase the temporary storage time for LNG beyond the current 18 days.

The construction of the third tank forms part of the investment program for the Revythousa station which has a total budget of 156.25 million euros. The program will allow for the mooring of larger LNG carriers on the island.

ekathimerini.com , Tuesday May 20, 2014 (22:31)  
ECB raises ELA limit by 700 mln euros
Attica office market sees no end to crisis-linked drop in demand
Stathakis prefers PPPs for the concession of regional airports
One-off takings help revenues
Samaras says hed join alliance to keep Greece in euro
As Greek Prime Minister Alexis Tsipras struggles to secure a financial bailout to stay in the euro zone, his chief rival said hes open to offering a political rescue. Opposition leader Anto...
Jailed ex-ministers wife escapes from custody at mental health unit
Viki Stamati, the wife of jailed ex-Defense Minister Akis Tsochatzopoulos, has escaped from custody at the Dromokaeiteio mental health facility, authorities said on Thursday morning. Stamati...
Inside News
BASKETBALL
AEK could get a wild card to the Euroleague
AEK shows capable of climbing as high as third in the Basket League, as its 16-point home win over third-placed Aris on Sunday confirmed it can challenge both Aris and PAOK to the first spot...
SOCCER
Cyprus soccer eyes reunion after 60-year divorce
Turkish Cypriot soccer officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split isl...
Inside Sports
COMMENTARY
Going his own way
While up until the last election we had become accustomed to referring to the coalition government led by Antonis Samaras as one featuring a split personality, no political psychoanalyst cou...
EDITORIAL
Righting the wrongs
A country that wants to move forward should study and deal with its past mistakes in a mature and responsible manner. Greece was hit by an unprecedented debt crisis and it came to the brink ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Samaras says hed join alliance to keep Greece in euro
2. Jailed ex-ministers wife escapes from custody at mental health unit
3. ECB raises ELA limit by 700 mln euros
4. Attica office market sees no end to crisis-linked drop in demand
5. Stathakis prefers PPPs for the concession of regional airports
6. One-off takings help revenues
more news
Today
This Week
1. Jailed ex-minister's wife escapes from custody at mental health unit
2. Going his own way
3. Finance Ministry officials to discuss talks progress as EU pushes for action [Update]
4. Athens aims to tighten ties with Russia
5. Spike in migrants reaching Lesvos
6. Buffett says Greek exit from euro may not be a bad thing
Today
This Week
1. Next Monday is D-Day for state funds
2. Eurogroup unlikely to be held soon to discuss Greek reforms
3. Moscow expects progress from Tsipras visit
4. Amateur antics or overstepping the mark?
5. Greece optimistic on deal with euro area next week
6. ECB nerves fray on Greece as supervisors rile central bankers
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.