GREEK NATIONAL NATURAL GAS SYSTEM (NNGS): DEVELOPMENTS AND PROSPECTS. Nikos Katsis Energy Community 5 th Gas Forum, Slovenia 14 September 2010

Transcription

1 GREEK NATIONAL NATURAL GAS SYSTEM (NNGS): DEVELOPMENTS AND PROSPECTS Nikos Katsis Energy Community 5 th Gas Forum, Slovenia 14 September 2010

2 2 Contents DESFA s Profile Natural Gas Outlook Regulatory Progress Capacity Development of NNGS Major New Investments under development Transit Gas Projects

3 DESFA s Profile 3

4 4 Introduction Corporate Structure of DESFA after the Legal Unbundling DESFA was established in 31 st of March 2007 after the completion of the Legal Unbundling procedure of the Public Gas Corporation of Greece (DEPA S.A.). DESFA is a 100% subsidiary of DEPA. DESFA fully owns the Natural Gas Transmission System (NGTS), with full responsibilities regarding the provision of TPA services under non-discriminatory terms, the operation, the maintenance and the development of the gas system.

5 Natural Gas Outlook 5

6 Natural Gas demand historical data 6 3,822 4,001 Electricity Generation Industry EPAs 3, % 12.6% 3,373 2,514 2, % 14.2% 15.8% 16.8% 2, % 11.4% 18.6% 21.4% 1, % 1, % 2, % 7.0% 20.1% 19.5% 20.7% 73.6% 71.6% % 1, % 28.9% 23.0% 75.5% 19.9% 76.1% 19.7% 74.6% 72.9% 72.0% 67.9% 67.2% 61.8% 36.7% 70.2% 61.7% * Operation began at November 2007

7 Driven Force In Gas Demand Increase: Power Production 7 The existing and the under construction gas fired power plants for the next years are ensuring the increase of the gas demand in Greek gas market Gas Fired Power Plants connected to the NNGTS by the end of June 2010 Power Plant Technology Installed Power (MW) Owner Komotini CC 495,0 PPC Lavrion III CC 180,0 Lavrion IV CC 560,0 Lavrion V CC 385,3 Ag. Georgios VIII Conventional 160,0 Ag. Georgios IX Conventional 200,0 PPC PPC 53.4% ELPEDISON POWER I CC 390,0 ELPEDISON POWER IPPs 46.6% ELPEDISON POWER II CC 421,6 ENDESA HELLAS CHP 334,0 IRON I OC 147,8 IRON II CC 435,0 PPC PPC PPC PPC ELPEDISON POWER ENDESA HELLAS IRON THERMOELECTRIKI IRON THERMOELECTRIKI TOTAL 3.708,4

8 8 Driven Force In Gas Demand Increase: Power Production Expected to be connected Power Plant Technology Installed Power (MW) Year of Connection ENDESA HELLAS CC 430, ALIVERI CC 400, MEGALOPOLIS CC 850, CORINTHOS POWER CC HALYVOURGIKI CC TOTAL 2983,13

9 9 Estimation for Gas Sales Volumes (mcm)

10 Regulatory Progress 10

11 11

12 5/6/ /6/ /6/ /6/ /6/ /6/ /5/ , , , , , , , , , , , , , , , , , , , , , , Re-gasified LNG Quantities : Issue of Network Code 2/3/2010 7/3/ /3/ /3/ /3/ /3/2010 1/4/2010 6/4/ /4/ /4/ /4/ /4/2010 1/5/2010 6/5/ /5/ /5/ /5/ /5/2010 Date LNG Others LNG DEPA 12 25/2/ /2/ /2/ /1/2010 5/2/ /2/ /1/ /1/ /1/ /1/2010 1/1/2010 6/1/2010 NG Quantities (MWh)

13 13

14 Capacity Development of NNGS 14

15 15 DESFA, since its development, completed NNGS projects, which had been decided by DEPA and approved by the Minister of Development (e.g. Interconnector Turkey Greece) In addition and in the framework of the Greek & European Legislation, DESFA promotes, plans and develops new projects which are going to enhance the transportation capacity of the NNGS, and at the same time turn Greece to an energy hub in the region of South East Europe

16 16 NNGS with its future expansions

17 17 Implemented Gas Projects since the establishment of DESFA (in M ) Completion of NNGS projects started by DEPA 277 Other NNGS projects since the establishment of DESFA 17 Sum: 294 NNGS Projects under construction High Pressure branch line to Aliveri 64 Compression station in Nea Mesimvria High Pressure Branch to Megalopolis (construction Bid preparation) Sum: 255 Planned Projects 2 nd Expansion of Revithoussa receiving terminal (Engineering Studies) 147 Receiving terminal in Crete island 470 High Pressure pipeline Komotini Thesprotia (Engineering Studies) 800 High pressure branches to Albania, FYROM (preliminary investigation) 70 Greek Part of South Stream 800 Sum: Total Sum (σε Μ ): 2.766

18 18 Major New Investments under development

19 19 Nea Mesimvria Compressor Station The construction of the Compressor Station of Nea Mesimvria will significantly increase the hydraulic stability of NNGS. The project has a budget of 61 million and 35% is funded by the Public Investment Program. The installation of two compressors of 7,7 MW each, is anticipated. The project is expected to be completed in the first half of 2011.

20 20 Aliveri Pipeline The High Pressure Aliveri pipeline is expected to commence in the next following months and is anticipated to be completed towards the end of the first half of The budget amounts to 64 million and the 35% of the project shall be co financed by the Public Investment Program. The pipeline has a totaling length of 72 km, including the offshore part which is 14 km.

21 21 2nd Expansion Phase of the existing LNG Terminal at Revythoussa DESFA completed the feasibility study for the construction of the third storage tank, including an increase of the gasification capacity. The EPC contract for the storage tank is expected to be launched in the beginning of The capacity of the Third Tank will be m 3 LNG, and will increase the total storage capacity of the Station to m 3 from m 3 LNG today. The Gas Send Out Capacity in normal operating conditions will increase from m 3 LNG/hr today to m 3 LNG/hr. The project is estimated to be completed within The budget of the project is 147 million. 70% of the project shall be co financed by the Public Investment Program.

22 22 New LNG Terminal Station in Crete DESFA in cooperation with the PPC is considering the construction of a new LNG terminal at Korakia in Crete, west of Heraklion. In the same area, the PPC will construct two new power plants totaling 500 MW, (2 x 250 MW). The development of a High Pressure network of the island is considered, for the supply of urban and industrial areas along the routing. The current budget of the LNG terminal is 470 mil. and it has been approved that the 35% will be funded by the Public Investment Program.

23 Transit Gas Projects 23

24 24 Komotini Thesprotia High Pressure Pipeline The Komotini Thesprotia pipeline, has a total length of 570 km, and it will extend the NNGS to the region of Thesprotia in order to supply with Natural Gas the areas of Western Greece. The diameter of the pipeline is estimated at 42 and its construction will entail technical specifications that will allow future connections with downstream systems of natural gas for transportation volumes in Italy. During the designing of the pipeline, all provisions have been considered for the future upgrading of the pipeline, in order deemed necessary to accommodate new suppliers. The completion of the construction is anticipated to be in 2015 and the current budget is estimated at 800 million. The new pipeline has all the necessary provisions, in order to transit gas quantities to neighbor countries. Gas Branches to Albania and FYROM, could be served using the main trunkline Komotini Thesprotia.

25 25 Komotini Thesprotia Pipeline Komotini Thesprotia

26 26 South Stream Project Agreement with GAZPROM on the Articles of Association of the joint Greek / Russian Company (50%-50%) for the study & development of the Greek part of the South Stream (singed on 7 June 2010 in Moscow). Establishment of the Company (SOUTH STREAM GREECE S.A.) in Athens on 30 th of June 2010 First goal of the new company is to implement the feasibility study for the Greek section of SOUTH STREAM The final investment decision for the construction of the project will be taken within 2012

27 27 Greek part of South Stream Strimonohori Thesprotia

28 28 Conclusion According to the Development Program, in the coming years DESFA shall: make significant investments in the system; a system constantly upgrading and expanding. differentiate the gas transit routes of natural gas in Southeastern Europe, with Greece being able to interact with significant energy pipelines. increase the energy security of the country. The Revithoussa LNG terminal is a strategic project for the whole South East Europe. The existing and the future capacity of the terminal creates a lot of profitable business opportunities.

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