# FSRU Alexandroupolis (ex-GasLog Chelsea)

> Floating Storage & Regasification Unit — LNG carrier conversion

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.

- Division: Trading
- Contract type: Direct
- ENGIC role: 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
- Span: 2024
- Asset status: Operating — commercial operations Oct 2024
- Parent project value (overall project, not ENGIC revenue): ~US$265M conversion; €360–450M total project
- Categories: Valve Systems

## Sources

- [Offshore Energy — FSRU arrival in Greece](https://www.offshore-energy.biz/alexandroupolis-fsru-arrives-in-greece-after-almost-10-month-conversion-at-seatrium/)
- [Gastrade — commercial operations begin](https://www.gastrade.gr/en/2024/10/01/commercial-operations-of-gastrades-alexandroupolis-lng-terminal-begins/)
- [LNG Industry — Seatrium delivers Greek FSRU](https://www.lngindustry.com/floating-lng/27112023/seatrium-delivers-greek-fsru/)

HTML page: https://engic.ltd/project-credits/fsru-alexandroupolis-ex-gaslog-chelsea