Monaco’s GasLog takes important new direction

A wholly-owned subsidiary of GasLog has entered into a sale and purchase agreement to acquire a twenty percent shareholding in Gastrade S.A., which is licensed to develop an independent natural gas system offshore Alexandroupolis, in Northern Greece, utilising a floating storage and regasification unit along with other fixed infrastructure. Gastrade is a private limited company, incorporated in Greece, and wholly owned by Asimina-Eleni Copelouzou, that has been involved in the development of this FSRU project over a number of years. GasLog, as well as being a shareholder, will provide operations and maintenance … Continue reading Monaco’s GasLog takes important new direction