Page 54 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - SEPT 2025
P. 54

Energy landscape


                                                                             volatility and supply competition
                                                                             in the global LNG market. That said,
                                                                             the crisis also revealed the strategic
                                                                             strength of well-developed LNG infra-
                                                                             structure. Europe can secure its energy
                                                                             future, provided that we make the right
                                                                             infrastructure investments, strengthen
                                                                             regional cooperation, and diversify our
                                                                             sources effectively.
                                                                             DESFA’s infrastructure played a cru-
                                                                             cial stabilising role during the crisis, as
                                                                             it allowed Greece  to absorb and
                                                                             reroute gas volumes, support neigh-
                                                                             bouring countries, and moderate
                                                                             potential supply shocks. Still today,
                                                                             the country’s strengthened LNG and
                                                                             pipeline networks continue to support
                                                                             both national needs and exports
                                                                             to neighbouring countries, helping
                                                                             stabilise supply dynamics and absorb
                                                                             market shocks. This contributes to both
                                                                             energy security and price moderation
                                                                             over the medium term.

                                                                             How is DESFA preparing for the future
                                                                                 energy mix?
                                                                             As we work towards decarbonisation,
                                                                             it becomes increasingly apparent that
                                                                             the future energy system will depend
                                                                             on multiple complementary technol-
                                           DESFA strategically invests in modern   ogies and carriers rather than a single
                                           technologies to address these chal-  endgame fuel.
                                           lenges and bring us closer to tomor-  DESFA is actively building the multi-
                                           row’s energy solutions. For example,   pathway infrastructure needed to enable
                                           the new pipeline  toward  Western   a flexible, resilient, and diverse energy
                                           Macedonia has been designed to be   system. Take Revithoussa, for exam-
                                           up to 100% hydrogen-ready, allowing   ple: the terminal will soon enable LNG
                                           for seamless conversion. Similarly,    bunkering and flexible fuel supply
                                           our LNG facilities are being adapted   to smaller vessels, supporting
                                           to support CCS applications, includ-  the decarbonisation of maritime trans-
                                           ing CO  liquefaction, by leveraging   port. At the same time, it is being pre-
                                                  2
                                           cryogenic synergies to lower the cost   pared for CO  liquefaction to enable
                                                                                         2
                                           and energy intensity of decarboni-  the  flexible and  efficient  transport
                                           sation solutions. These are forward-   of CO  across  the Mediterranean.
                                                                                   2
                                           looking steps, but they are executed    Looking ahead, Revithoussa can serve
                                           with the same precision, safety stand-  as a gateway for hydrogen or ammo-
                                           ards, and engineering rigour  that   nia imports from the MENA region,
                                           underpin all DESFA operations.    with onward transfer to Central Europe
                                                                             via  the hydrogen network DESFA
                                           Following the recent EU decisions    is currently developing.
                                               to phase out Russian gas, do you    Through this adaptable, multi-carrier
                                               think that Europe’s energy    approach, DESFA is positioned to meet
                                               security is at risk? What will be   the evolving energy needs of diverse
                                               the impact on gas prices?     sectors, ensuring security, affordabil-
                                           Reducing dependence on Russian    ity, and sustainability as we support
                                           energy has brought short-term chal-  Greece’s transition today and shape
                                           lenges, especially in terms of price   the energy systems of tomorrow.

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