First stage of tenders for gas supply completed

The Natural Gas Public Company (Defa) announced Monday it has concluded the first phase of the tender process for the supply of liquefied natural gas (LNG).

According to a press release, 19 interested suppliers were selected for the procedures concerning both the medium-term supply of the basic quantities with an LNG sales and purchase agreement contract, as well as for the procedure for future deliveries of LNG purchased on the spot market.

Defa noted that some of the strongest companies in the international LNG market are among those short-listed, adding that the strong competition for the supply contract confirms that the choice for the creation of the LNG floating terminal in Vassiliko is moving in the right direction.

Defa is expected to proceed to the next stage of the tender with the launch of procedures for concluding contracts for the purchase of spot cargo and for the medium-term contract for the supply of LNG in 2021.

 

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