DESFA: No issue with natural gas supply
Greek authorities assure that there are no supply issues for natural gas amid Middle East tensions, stating that Greece does not import gas from the Gulf region.
In light of increasing tensions due to the ongoing war in the Middle East, sources from Greece's natural gas operator, DESFA, sought to calm concerns regarding potential disruptions in natural gas supply. They emphasized that Greece does not import gas from the Gulf region, thereby indicating that the latest developments in the Middle East will not impact its gas supply market directly. This statement comes as experts continue to monitor the situation closely due to its unpredictable nature.
However, DESFA sources also acknowledged the interconnected nature of the international gas market, pointing out that while Greece may not face immediate threats to its supply, prices are likely to be affected by prolonged conflict in the region. The officials warned that a continuation of the hostilities for several months could lead to adverse consequences for the market, impacting prices globally and potentially trickling down to affect consumers in Greece.
Furthermore, the management of DESFA reassured stakeholders that operations related to their liquefied natural gas (LNG) terminal in Kuwait are continuing as normal, with no interruptions reported. They are maintaining regular communication with employees in Kuwait, relevant authorities, and the Greek embassy to ensure smooth operations, underlining their commitment to stability in the face of broader regional instability.