Metocean Services International said it has completed the measurement program supporting the Alexandroupolis FSRU and pipelines FEED in Greece.
The Alexandroupolis Independent Natural Gas System (INGS) is a project which will supply natural gas into the Greek and Southeast European gas markets, MSI noted in its statement.
The project comprises of an offshore floating storage and regasification unit (FSRU) and a subsea and onshore gas transmission pipeline system.
Expecting to begin commercial operations in 2022, the project is being implemented by Gastrade, a company that studies, designs, develops, operates and exploits infrastructures that are necessary for the reception, transmission and distribution of natural gas as well as for its storage, liquefaction and re-gasification.
To support the detailed design of the project, Gstrade contracted MSI to collect a range of metocean data, including directional waves and current profiles at 2 locations (one at the proposed FSRU location and one nearshore at a pipeline crossing), as well as various meteorological parameters onshore.
The planned start-up date for the project is the second quarter of 2021.
The estimated project value is set at €380 million ($435.4 million) with the FSRU contract valued at €240 million.
According to Gastrade documents, the FSRU should have a storage capacity of 150,000-cbm to 170.000-cbm and a nominal send-out rate of 530 mscf/d.
The FSRU will be stationed in the sea of Thrace, 17.6 kilometers South-West of the town of Alexandroupolis in Northeastern Greece at an offshore distance of approximately 10 kilometers from the nearest shore.
The pipeline will be connecting the FSRU to the national natural gas transmission system near the village of Amphitriti, 5.5 kilometers North-East of Alexandroupolis.