Greece's gas operator secures 169.3 mln euros for its carbon storage, pipeline project
03/11/2025 17:49
ATHENS, Nov 3 (Reuters) - Greek gas operator DESFA, 66%-owned by a consortium led by Italy's Snam SRG.MI, said on Monday it had secured 169.3 million euros from the European Union's Innovation Fund for its carbon storage and pipeline project. "The project includes a CO2 liquefaction, temporary storage and export facility at Revithoussa, transforming the existing LNG terminal into a dual-purpose hub for LNG regasification and CO₂ liquefaction," DESFA said in a statement. "Recognised as a Project of Common Interest, it will connect CO2 capture facilities with domestic and regional storage sites, including the Prinos offshore field." (Reporting by Ivana Sekularac Editing by Tomasz Janowski) ((ivana.sekularac@thomsonreuters.com; +381 11 30 44 930; Reuters Messaging: ivana.sekularac.thomsonreuters.com@reuters.net))