A new floating storage and regasification unit (FSRU) with an evocative name was officially unveiled in Athens on Tuesday.

The Argo, named after the ship in the ancient Greek myth of the Golden Fleece, is to be located in the central Greek town of Volos, where legend has it that the Argonauts embarked on their famed journey.

Provisionally budgeted at €350m ($365m), the Mediterranean Gas project aims to be up and running by the first quarter of 2024 with a throughput of 4.6bn