The EU Commission approves investment aid for an energy infrastructure project in northern Greece that amounts to €364M (LNG terminal in Alexandroupolis)

Public Funding of an Energy Infrastructure Project* State aid up to 100% of the funding gap of a project can be compatible with the internal market. Introduction The European Commission approved investment aid for a Liquefied Natural Gas [LNG] terminal in Alexandroupolis in northern Greece [case SA.55526]. The project involves the following: A Floating Storage Regasification Unit [FSRU] for the storage and regasification of LNG. The construction of permanent offshore installations [mooring system, etc.]. A system of a submerged and an onshore gas transmission pipeline which would connect the FSRU to the national natural gas system [NNGS]. The objective of the project, which has an expected lifetime of 30 years, is to strengthen the security of energy supply in Greece, and diversify