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Jan 2018

Bernitsas Law advises Gastrade on Alexandroupolis Natural Gas Project

We are advising Gastrade, the project company, in developing the Alexandroupolis Independent Natural Gas System (INGS) project.

This is a cutting edge technology project, with a transaction value of €360m, which comprises an offshore floating unit for the reception, storage and re-gasification of LNG and a system of a subsea and an onshore gas transmission pipeline through which the natural gas is shipped into the Greek National Natural Gas System (NNGS) and onwards to the final consumers. Alexandroupolis INGS will secure new natural gas quantities, enhancing the security of supply in Greece and the Balkans.

The Bernitsas Law team is lead by Panayotis Bernitsas and Yannis Seiradakis.