October 7

TotalEnergies to supply two more LNG cargoes to Bulgargaz

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Bulgargaz recently launched three tenders for the delivery of five cargoes during the upcoming autumn-winter season.

The company previously awarded the October LNG cargo to TotalEnergies and this shipment was already delivered to Gastrade’s FSRU-based LNG terminal off Alexandroupolis.

According to a statement by Bulgargaz on Friday, thirteen international companies showed interest in supplying LNG to the company via the Alexandroupolis FSRU during November and December.

Six of these companies submitted binding offers.

“TotalEnergies Gas and Power Ltd. was ranked first among the participants in this tender as well, as it offered the most competitive terms for supply, taking into account all the criteria set by Bulgargaz,” the company said.

Bulgargaz sought two LNG cargoes, each of about 150,000 cbm, for delivery during November 23-31 and the other during December 23-30, 2024.

Bulgargaz is also seeking two LNG cargoes for delivery during January 24-31 and February 21-28, 2025.

“The deadline for interested parties to register in the tender procedure for LNG supply for the months of January-February 2025 is still running and a supplier for these cargoes is expected to be selected in mid-November,” the company said.

Last week, Gastrade’s FSRU-based LNG import terminal off Greece’s Alexandroupolis received its first commercial LNG shipment.

The 2009-built 165,500-cbm, Seapeak Magellan, which is on charter to France’s TotalEnergies, docked at the 153,600-cbm FSRU, Alexandroupolis, on October 3.

Seapeak Magellan brought the cargo from Equinor’s Hammerfest LNG export terminal in Norway, where TotalEnergies is a shareholder.

As mentioned above, TotalEnergies delivered the cargo to Bulgargaz, which previously booked capacity at the FSRU-based LNG import facility.

Gastrade officially launched commercial operations at its FSRU-based LNG import terminal on October 1.

Gastrade’s shareholders include founder Copelouzou, DESFA, DEPA, Bulgartransgaz, and GasLog.

This is Greece’s first FSRU and the second LNG import facility, adding to DESFA’s import terminal located on the island of Revithoussa.

The Alexandroupolis LNG terminal has a capacity of up to 5.5 bcm.

Gastrade said the terminal will deliver natural gas to Greece, Bulgaria, Romania, North Macedonia, Serbia, Moldova, and Ukraine in the east, as well as Hungary and Slovakia in the west.

Energy News Beat 


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