Bulgaria takes 20% stake in Gastrade, including the Alexandroupolis LNG facility

Alexandroupolis, Greece (PortSEurope) January 8, 2020 – Bulgaria’s state-controlled Bulgartransgaz is to purchase a 20% stake in Gastrade which is developing a floating LNG facility off the northern-eastern Greek port of Alexandroupolis.

Bulgartransgaz will end up with the same stake as DEPA, the Greek national energy company, in Gastrade which is controlled by the Greek Copelouzos group.

The investment marks a further step in the diversification of Europe’s gas supplies, with Bulgaria reducing its dependence on Russia gas and importing energy from the

Gastrade is developing the LNG Terminal in Northern Greece off the shore of Alexandroupolis which…

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