Qatar eyes natural gas plant

The State of Qatar is interested in investing in a 5- to 6-billion-euro liquefied natural gas plant to be built at Astakos in central Greece, according to the General Secretariat of Communications. State Minister Haris Paboukis contacted Qatar’s Deputy Prime Minister Abdullah bin Hamad Al-Attiyah over the deal and the two governments agreed to support the project, the secretariat said in a statement yesterday without providing any further details. «Talks are at an advanced stage. The total value of the project is estimated at between 5 and 6 billion euros,» a government source told Kathimerini English Edition. Investment plans include the establishment of a liquefied natural gas terminal plant, electrical power units and the use of technology that creates biomass energy from gases produced by the plant. According to press reports, some 1,500 jobs could be created by the project.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.