Greece's Alexandroupolis LNG Terminal to Restart in May, Reach Full Capacity by September

(Reuters) — The Alexandroupolis liquefied natural gas (LNG) terminal in Greece will begin a gradual restart soon and reach full capacity by September, the vice president and managing director of the operator Gastrade said on Monday.

Gastrade halted operations at Alexandroupolis in late January, citing technical issues at the 4.3 million metric tons per annum terminal.

"By mid-September we should be 100% back on our capacity. That will happen gradually, probably starting at some point in May," Konstantinos Sifnaios told Reuters on the sidelines of the Budapest LNG Conference.

Two trading sources said that the technical issues were related to problems with booster pumps, used to ramp up the pressure of LNG when it comes from the tanks to enter regas trains.

Greece has boosted LNG imports to replace some of its Russian pipeline gas, which accounted for about 40% of its gas needs.

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