Revithoussa LNG Terminal

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Revithoussa LNG Terminal is an operating LNG import terminal in Greece.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Revithoussa LNG Terminal Revithoussa Island, Megara Bay, Attica, Greece[1] 37.96, 23.4023 (exact)

The map below shows the exact location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Revithoussa LNG Terminal import[2] operating[3] 5.1 mtpa[2] 5.1 mtpa False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Revithoussa LNG Terminal import[2] – –

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Revithoussa LNG Terminal import[2] operating[3] – – – 2000[3] –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Revithoussa LNG Terminal import[2] operating[3] DESFA [100%][4] Copelouzos Group; Enagás SA; Energy Infrastructure Partners AG; Government of Greece; Publigaz SA; small shareholder(s); Snam SpA DESFA[3]

Expansion projects

Storage Expansion

  • Operator: DESFA SA[5]
  • Owner: DESFA SA[5]
  • Parent company: Senfluga S.A. (Snam S.p.A., Enagás S.A., Fluxys, Copelouzos Group (via Damco Energy S.A.)) [66%]; Greek State [34%][6]
  • Vessel: GasLog Athens[7]
  • Vessel Operator:
  • Vessel Owner: GasLog[7]
  • Vessel Parent Company: GasLog[7]
  • Location: Revithoussa Island, Megara Bay, Attica, Greece
  • Coordinates: 37.96, 23.4023 (exact)
  • Storage Capacity: 145,000 cubic meters[8]
  • Status: Operating[7]
  • Type: Import[9]
  • Cost:

Background

Revithoussa LNG Terminal is an LNG terminal in Attica, Greece.[10] It is located on the islet of Revithoussa (or Revythousa), in the Gulf of Megara, west of Athens. It was completed in 1999 and is operated by DESFA SA, which was a fully owned subsidiary of DEPA.[11][12]

In November 2018 a second stage of construction was completed, with a third LNG storage tank that increased the terminal's capacity by 40%.[13] Despite this, according to Food and Water Europe, "...between January 2012 and March 2019 [the terminal] operated at only about 14% of its capacity. Even in 2011, when gas demand peaked in Greece, the terminal was used at less than 25% of its capacity. While the expansion of the terminal may have further improved energy security, the proposed Alexandroupolis LNG Terminal in the North of Greece generates doubts about its commercial viability and will most likely worsen the utilization rate of the existing terminal.[14]

In December 2018, the Senfluga consortium, consisting of Italy's Snam, Spain's Enagas and Belgium's Fluxys, bought a 66% stake in DESFA in a €535 million deal.[15] With the Greek state maintaining its 34% stake in DESFA, in January 2020 Damco Energy, a unit of Greek group Copelouzos, acquired a 10% stake in Senfluga.[16]

In April 2022, DESFA reported that LNG deliveries to the Revithoussa terminal had surged in the first quarter of the year due primarily to an increased supply of US LNG imports, with 21 vessels received in January-March compared to nine in the same period in 2021.[17]

Additional floating storage unit and capacity expansion

In April 2022, DESFA announced that it would be upgrading the Revithoussa terminal in preparation for a potential cut-off of gas supply from Russia. The company said it was planning to add a floating storage unit (FSU) to the existing facilities in order to increase storage capacity to 380,000 cubic meters from the current 225,000 cubic meters, and that the it planned to increase regasification capacity by 12%.[9] The new FSU was expected to be in place by July 2022.[18] The Communist Party of Greece (KKE), the fourth biggest party in the Greek parliament, said that the government's backing for the project upgrade was exploiting the gas crisis and that it was promoting "extremely expensive American LNG, which the Greek people will pay for at a time when Greek shipowners are making a fortune from its transportation."[19]

In May 2022, DESFA said that it had awarded the contract for the lease of the FSU at Revithoussa to GasLog for a period of 12 months.[20] In November 2022, the GasLog Athens FSU began operations, increasing the facility's storage capacity to 370,000 cubic meters.[7][8] The additional storage volume will help fulfill power generation units' obligations to have a strategic fuel reserves.[8] As of July 2024, there was not evidence that the storage expansion had increased the terminal's regasification capacity beyond 5.1 bcm/y.

According to the GIIGNL 2026 Annual Report, almost all regasification slots at the Revithoussa terminal had been booked through 2040, reflecting strong long-term market demand. The terminal was also upgraded with a new high-pressure boil-off gas compressor station, eliminating flaring under normal operations. The total regaisificaiton capacity at the terminal is still listed as 5.1 bcm/year.[21]

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. ↑ https://www.google.com/maps/place/37%C2%B057'36.0%22N+23%C2%B024'08.3%22E/@37.96,23.3997251,911m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d37.96!4d23.4023?entry=ttu&g_ep=EgoyMDI1MDcwOS4wIKXMDSoASAFQAw%3D%3D. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.0 2.1 2.2 2.3 2.4 (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf. {{cite web}}: Missing or empty |title= (help)
  3. ↑ 3.0 3.1 3.2 3.3 3.4 (PDF) https://giignl.org/wp-content/uploads/2022/05/GIIGNL2022_Annual_Report_May5.pdf. {{cite web}}: Missing or empty |title= (help)
  4. ↑ https://www.desfa.gr/en/company/shareholders. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 "https://cdn.prod.website-files.com/67bdb9fc993751711c5f54fd/67d40f9112efb57309cae007_GIIGNL-2022-Annual-Report.pdf" (PDF). {{cite web}}: External link in |title= (help)CS1 maint: url-status (link)
  6. ↑ Shareholders structure DESFA S.A. DESFA website, accessed May 12, 2022
  7. ↑ 7.0 7.1 7.2 7.3 7.4 LNG Prime Staff (2022-11-08). "DESFA: Revithoussa FSU gets first LNG cargo". LNG Prime. Retrieved 2023-01-04.
  8. ↑ 8.0 8.1 8.2 GIIGNL. The LNG Industry: GIIGNL Annual Report 2023. July 14, 2023.
  9. ↑ 9.0 9.1 Greece to upgrade only LNG terminal in preparation for energy supply disruptions, Xinhua, Apr. 20, 2022
  10. ↑ Revithoussa LNG Terminal, GEO, accessed April 2017
  11. ↑ DEPA Annual Report 2006 (PDF), p. 16, DEPA S.A., 2007 (Wayback Machine capture)
  12. ↑ Historical Background, DESFA S.A., April 16, 2018 (Wayback Machine capture)
  13. ↑ Greece opens expanded Revithoussa LNG terminal, LNG World News, Nov. 23, 2018
  14. ↑ [1], Food and Water Europe, accessed December 5, 2019
  15. ↑ The Snam, Enagas, Fluxys consortium completes the acquisition of 66% of the Greek operator, Snam press release, Dec. 20, 2018
  16. ↑ Copelouzos Group invested in Senfluga Copelouzos Group. Accessed July 21, 2026.
  17. ↑ US LNG supplies boost Greek imports in Q1, LNG Prime, Apr. 15, 2022
  18. ↑ Belgian Royal Couple Visit Revithoussa LNG Terminal, The National Herald, May 4, 2022
  19. ↑ KKE: Government promotes expensive American LNG while Greek shipowners make a fortune transporting it, Greek City Times, Apr. 19, 2022
  20. ↑ GasLog picked for Revithoussa LNG FSU, ekathimerini, May 12, 2022
  21. ↑ "GIIGNL 2026 Annual Report". www.giignl.org. 2026-05-20. Retrieved 2026-07-24.{{cite web}}: CS1 maint: url-status (link)