Natural Gas Supply

DEPA’s strategic goal is to ensure sufficient natural gas volumes from reliable and diversified resources in competitive prices, ensuring country’s security of supply. DEPA is the only company in Greece that has signed long term contracts i.e. with the Russian Gazprom, the Turkish BOTAS and the Algerian Sonatrach.

DEPA’s contract with Gazprom ensures the annual supply of Greek market up to 2.0 billion cubic meters at least to 2016. The natural gas volumes are injected into the National Natural Gas Transmission System, in Strimnochori Sidirokastrou, near the Greek – Bulgarian borders. According to the contract with the Turkish BOTAS up to 0.71 billion cubic meter per year are being imported until 2021. That amount is injected in National Natural Gas Transimmision System  in Kipoi Evrou, through the existing Interconnector Turkey-Greece.

 

Likewise, the contract with Sonatrach (LNG) ensures the domestic supply with 0.68 billion cubic meters per year until 2021. The delivery of the Algerian LNG takes place in the LNG storage and re-gasification station in Revithousa Island, in the gulf of Megara.

 

Furthermore, DEPA is being supplied with LNG from the global spot market, in order to ensure better prices for its clients, and sufficient supply in cases of increased demand.

 

DEPA also closely monitors and evaluates global trends in the natural gas market, with its long-term strategy aiming at further diversification of its sources, securing enough quantities at competitive prices, in order to meet the country’s current and future needs.