BAKU, Azerbaijan, April 29. The Trans Adriatic Pipeline (TAP) through the Nea Mesimvria gas distribution point provided Greece with 17.5 percent of its gas imports, or 2.9 terawatt-hours (TWh), from January through March 2024, Trend reports via the Greek DESFA company.
As of early April, for other gas distribution nodes (gas entry-exit points) in Greece, Sidirokastro covered 43.8 percent of imports (7.25 TWh, a 113.86 percent increase compared to the first quarter of 2023), while liquefied natural gas (LNG) from the Revithoussa terminal (entry point to Agia Triada) accounted for about 39 percent of the total import volume.
DESFA said that from January through March 2024, inclusive, nine LNG tankers unloaded a total of 6.93 TWh.
"More than 65 percent of LNG cargoes came from the US, reaching 4.54 TWh compared to 3.98 TWh for the same period last year. In second place is LNG from Russia (1.91 TWh), followed by LNG from Algeria (0.48 TWh)," DESFA's information noted.
The company mentioned that in the first quarter of 2024, overall natural gas demand in Greece decreased by 8.63 percent to 16.51 TWh. Of this, 55.49 percent of the demand came from electricity generation facilities in Greece.
As a vital component of the Southern Gas Corridor in Europe, the Trans Adriatic Pipeline plays a crucial role in enhancing the continent's energy security, fostering the diversification of energy sources, and supporting the transition towards decarbonization.
With an annual transportation capacity of approximately 10 billion cubic meters of gas, the pipeline also holds the potential for capacity expansion to 20 billion cubic meters. TAP's provision of a reliable source of natural gas significantly contributes to ensuring Europe's access to a new and sustainable energy resource.