x

Economy

Greece’s Natural Gas System Conducts First Natural Gas Auction with TAP

November 3, 2020

ATHENS — DESFA, Greece’s National Natural Gas System, on Tuesday announced the first auction for natural gas for 2021 at the new interconnection point of the National Natural Gas System with that TAP pipeline.

DESFA said it was an historic moment both for the Greek and the regional energy market, as the National Natural Gas System will be interconnected with one of the biggest natural gas markets in Europe, that of Italy, which it is also interconnected with Northern Europe through Switzerland and Germany, upgrading the country’s role as a regional energy hub. Soon, both Greece and the wider Southeast European region will be interconnected with the TANAP pipeline and the Italian natural gas market which reaches 75.4 bcm of natural gas consumption (2019 figures).

The auctions are conducted in the PRISMA capacity booking platform.

RELATED

ATHENS - Almost nine years after being on the brink of being pushed out of the Eurozone and its economy shrinking 25 percent, Greece’s unlikely comeback is continuing, with a 3 percent growth forecast for 2024.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

A Palestinian Baby in Gaza is Born an Orphan in an Urgent Cesarean Section after an Israeli Strike

RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.

NEW YORK – In the vibrant streets of Tribeca, the luxury lifestyle icon Four Seasons Hotel New York Downtown is setting the stage for a Mother's Day celebration that transcends the typical.

SACRAMENTO, CA – The Hellenic Studies Program and the Tsakopoulos Hellenic Collection at Sacramento State University, California, will celebrate their 20th anniversary on Thursday, May 9, 6:30-9 PM.

SYDNEY (AP) — Australian police arrested seven teenagers accused of following a violent extremist ideology in raids across Sydney on Wednesday, as a judge extended a ban on social media platform X sharing video of a knife attack on a bishop that started the criminal investigation.

LONDON (AP) — Several military horses bolted during routine exercises Wednesday and ran loose through central London, injuring four people and damaging vehicles during the morning rush hour.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.