Copelouzos Group is active in the natural gas transmission through its participation in SENFLUGA ENERGY INFRASTRUCTURE HOLDINGS S.A., the consortium that acquired in December 2018, following an international tender, the 66% of the Hellenic Gas Transmission System Operator SA (DESFA) for a consideration of € 535 million.
DAMCO ENERGY S.A., a Copelouzos Group company, entered Senfluga’s shareholding structure acquiring a 10% stake and becoming co-shareholder with Snam SpA, Enagás Internacional SLU and Fluxys SA, three major European Natural Gas System Operators, which are also shareholders of the company Trans Adriatic Pipeline (TAP).
The investment by Damco was the consequence of a long and fruitful dialogue between the two parties and has been structured at the same terms and conditions of the acquisition of DESFA by Senfluga and in compliance with the applicable regulatory framework.
The National Natural Gas System (NNGS) transports Natural Gas from the upstream Interconnected Natural Gas Transmission Systems of Bulgaria and Turkey, the Trans Adriatic Pipeline (TAP) and from the Liquefied Natural Gas (LNG) terminal, which is installed at Revithoussa island, to consumers connected to the NNGS in the Greek mainland.
The NNGS consists of:
- The main pipeline, with total length 512km (36’’ & 30’’ diameter) and design pressure 70 barg, and the branches of total length 953.20 Km.
Situated along the main transmission pipeline and the branches, there are: Line Valve Stations; Scraper Stations; Cathodic protection system of the pipeline from corrosion; and Fiber Optic Cable for the remote supervision, control and communications system.
- The Metering Stations of the Entry Points ‘SIDIROKASTRO’, ‘KIPI’, ‘NEA MESIMVRIA’ and ‘AGIA TRIADA’ of the NNGTS;
- The Liquefied Natural Gas (LNG) Terminal at Revithoussa consists of:
- Three (3) Liquefied Natural Gas storage tanks with total storage capacity of 225,000 m3LNG, LNG unloading installations of maximum LNG unloading rate 7,250 m3 LNG/h; and LNG gasification installations of sustained maximum send-out rate 1,400 m3 LNG/h.
- The Compression Station at Nea Mesimvria, Thessaloniki;
- The Natural Gas Metering and Regulating Stations;
- The Natural Gas Control and Dispatching Centers at Patima Magoulas near Athens and at Nea Mesimvria near Thessaloniki;
- The Operation and Maintenance Centers of Sidirokastro Border Station, Eastern Greece, Northern Greece, Central Greece, Southern Greece and Peloponnese; and
- The Remote Control and Communication System.