A Greek project planning to start operations of a floating storage and regasification unit at the end of 2023 expects to draw so much demand that it is preparing to secure a second LNG carrier for conversion into an FSRU.

The Alexandroupolis terminal’s developer, Gastrade, has already agreed to buy one LNG carrier — the 153,000-cbm GasLog Chelsea (built 2010).

When asked for the reasons for the move, Gastrade chief executive Kostas Sifnaios said: “We have been planning this since the autumn of 2021… we were keeping the plan on the shelf but after the [Ukraine] war broke out, it’s evident why we pulled it out.”