A €166.7 million Greek support measure for the construction of a new liquid natural gas (LNG) terminal in Alexandroupolis, Greece complies with EU state aid rules, the bloc’s antitrust chief said, adding that the project will contribute to the security and diversification of energy supplies in Greece and, more generally, in the region of Southeast Europe, without unduly distorting competition.

“The new LNG terminal in Alexandroupolis will improve gas supply and infrastructure not only in Greece, but in the whole South Eastern European region,” European Commission Executive Vice-President in charge of competition policy Margrethe Vestager said. “This will contribute to achievement of the EU’s goals in terms of security and diversification of energy supply.

https://www.neweurope.eu/article/eu-antitrust-chief-approves-greek-public-support-for-alexandroupolis-lng-terminal/

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