Gastrade, a GasLog-backed joint venture to build a floating LNG import terminal in Greece, is opening up its shareholder structure to make space for another investor.

National Energy Resources (NER AD) signed a cooperation agreement with Gastrade with the aim to acquire a stake in its share capital, the joint venture said in a statement.

AD Power Plants of Northern Macedonia (AD ESM), another company controlled by the small Balkan country's government, is interested in booking capacity at the planned terminal.