Greece Extends Deadline for Offshore Gas Storage Bids

Angeliki Koutantou
Friday, September 25, 2020

Greece has pushed back a deadline for the submission of non-binding bids for a contract to run an underground gas storage facility in the northern Aegean Sea.

Privatization agency HRADF, which manages the concession, said on Friday it had extended the deadline for initial bids to Oct. 19 from Sept. 30. It did not provide a reason for the delay.

It is the second time that the deadline is extended.

Investors have been invited to bid for the development and operation for up to 50 years of the gas storage facility in an almost depleted deposit off the northern Greek city of Kavala, according to the tender. 

(Reporting by Angeliki Koutantou)

Categories: Energy Subsea Activity Europe Mediterranean Sea

Related Stories

US Imposes New Set of Sanctions for Nord Stream 2 Pipeline

Inyanga Unveils Tidal Energy Tech Design for 20MW Project in Wales

Delmar Signs Up Lankhorst for Culzean Floating Wind’s Mooring Lines

Current News

Oil Rises on China Stimulus Hopes, US Inventory Drop

Flare Gas Recovery Meets the Future

Pharos Energy Extends Licenses for Two Vietnamese Gas Fields

Brazil Lifts Ban on Saipem's Business Units

Subscribe for OE Digital E‑News