Trading · Direct · 2024
FSRU Alexandroupolis (ex-GasLog Chelsea)
Floating Storage & Regasification Unit — LNG carrier conversion
What the record says
Greece's first FSRU and a European Commission Project of Common Interest. The 2010-built LNG carrier GasLog Chelsea entered the Singapore yard in February 2023 for a ten-month regasification conversion, delivered November 2023 with 2.9 million manhours worked without a recordable injury. Moored via a 12-point spread system and connected to a 28km subsea and onshore pipeline, the 153,600 m³ terminal supplies gas to Greece, Bulgaria, Romania, North Macedonia, Serbia, Moldova, Ukraine, Hungary and Slovakia. Commercial operations began 1 October 2024 with capacity booked out to 2030 — a strategically significant asset for Southeast European energy security.
Direct contract — valve works to Seatrium during conversion, Jul–Sep 2024
- End operator
- Gastrade S.A. / GasLog LNG Services
- Contracting party
- Seatrium O&G (Americas) Limited
- Location
- Thracian Sea, 17.6km SW of Alexandroupolis, Greece
- Asset status
- Operating — commercial operations Oct 2024
- Parent project value
- ~US$265M conversion; €360–450M total projectPublished value of the overall project, not ENGIC revenue.
- Categories
- Valve Systems