The project Enhances Greek and European Security of Supply.
New entry point into Greece.
New energy gateway to SE European Markets reducing energy isolation, and providing supply diversity.
The use of LNG as “transition fuel” supporting the growth of renewables, serves EU and Greek Energy Sustainability and the targets of Emissions’ Reduction.
Provides open and competitive infrastructure to foster LNG and pipeline gas supply and price competition in the Greek and European Market for the benefit of end consumers.
Increases the storage capacity of LNG in Greece by 170.000 – 210.000 m3 as an open LNG terminal which is not being dependent on geopolitical risks. Especially in cases of limitation in entry flows the security of supply can be extended by 80 – 100% due to Dioriga Gas acting as additional storage.
Dioriga Gas contributes to the use of LNG which is becoming increasingly important as a low-emission alternative to conventional fuels in the mobility sector, thus helping to achieve climate and energy targets.
The project also gives extra benefits to the end consumer, as it will provide additional liquidity to the LNG market (meaning lower procurement prices) and contribute to the decongestion of the LNG terminal at Revithoussa, of which the first indications emerged in the last quarter of 2019. Moreover, the project functions as:
Complementary to the LNG terminal at Revithoussa (proximity – double unloadings of large LNG vessels of Q-Max size);
Optimum supply point for the natural gas distribution network of DEDA (Public Gas Distribution Network), which provides LNG supply to the cities of Patras, Agrinio and Pyrgos;
Key enabler of the development of the emerging Marine LNG & Small-Scale LNG market.
Dioriga Gas will expand access to lowest-cost energy sources in every corner of Greece through ssLNG. Natural gas suppliers will be enabled to use trucks to transport LNG in order to tap into industrial and domestic gas demand in places which are not connected to gas grids, such as the Peloponnese.
Dioriga Gas will increase technical stability for the National Gas Transmission System by
Contributing in maintaining adequate pressure in the system, due to proximity to the largest gas consumers located in the South (70% of Greek demand)
Reducing the operation of compressors and requirements for fuel gas.