DEPA and DEH seek changes to Revythoussa LNG auction scheduling

Major Greek energy companies DEPA Emporias and DEH are calling for modifications to the long-term liquefied natural gas (LNG) unloading schedule at the Revythoussa terminal. These proposals, submitted during consultations with the Regulatory Authority for Waste, Energy and Water (RAAEEY), aim to address market costs and operational efficiency for the 2027–2041 period.

DEPA Emporias has expressed significant reservations regarding the 15-year planning horizon. The company argues that geopolitical instability, including potential wars and pandemics, makes it impossible to make reliable business decisions so far in advance. DEPA suggests postponing auctions for the furthest years to avoid artificially high prices that ultimately burden consumers.

DEH is focusing on technical and economic optimization. The company recommends eliminating smaller unloading time slots from 2041 onwards to better accommodate modern, larger LNG transport vessels. This adjustment is intended to reduce import and transportation costs by ensuring the terminal can serve contemporary shipping capacities more effectively.