Revithoussa: The Greek island helping Europe keep warm this winter

·

When Russia invaded Ukraine in February 2022, European countries which have been heavily reliant on Russian pipeline gas for years had to start storing their own energy supplies.

Europe turned to liquified natural gas (LNG), an energy source that is transportable and flexible and which is largely imported from Qatar, Australia, Algeria and the United States.

In Europe, one of the only LNG fixed terminals that exist which receives and stores the fuel is on the Greek island of Revithoussa.

Without this island, European countries could not keep heating and electricity supplies running this winter.

To date, many European countries are limited in LNG import capacity and are now endeavouring to quickly build new LNG infrastructures.

Source: CNBC

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Multicultural peak body rejects Hanson’s call for ‘monocultural’ Australia 

The Federation of Ethnic Communities’ Councils of Australia has strongly rejected Pauline Hanson’s call for a “monocultural” Australia.

Opposition rejects One Nation rhetoric, backs multicultural Victoria

Victoria’s multicultural communities must remain central to government decision-making beyond election cycles, Opposition figures said.

Rental competition forcing tenants to fight harder for a home in Queensland

Rental consultant Michael Christodoulou says young Australians are being pushed to “desperate” lengths to secure housing.

Greece and Cyprus travel set for boost as Australia eases Gulf transit warnings

Australia has eased travel warnings for several Middle Eastern transit hubs but says the region remains unstable.

Albanese government softens tax overhaul with new startup and small business incentives

The federal government has announced changes to its proposed capital gains tax overhaul, expanding concessions for small businesses.

You May Also Like

South Australia’s Greek community gathers to celebrate Mother’s Day 

After two years of COVID hiatus and restrictions, Adelaide’s Greek community came out in full force to celebrate Mother’s Day.

Victoria to mandate disclosure of property reserve prices before auction

Victoria’s real estate agents will be mandated to disclose the reserve price of a property at least seven days before auction.

Mitsotakis: The war has not been won yet

Greek PM Kyriakos Mitsotakis praised the country’s efforts to contain the coronavirus but said there was no room for complacency before Orthodox Easter