DEPA Trade stores natural gas in Italy, Bulgaria – Greece, 20 September 2022

Greek DEPA Trade is currently storing natural gas quantities of about 200,000 MWh in storage facilities in Italy and Bulgaria, which is approximately a third of 622,440 MWh amount, mandated by the Regulatory Energy Authority (RAE).

Last month, DEPA Trade begun storing natural gas at Bulgaria’s Chiren facility, and, two weeks ago, it also started storing gas quantities in Italy. These quantities should be available for supply during the winter season, namely from November 2022 until March 2023.

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According to RAE decision, all natural gas suppliers in Greece whose share in imports is over 1 % are obliged to secure these emergency supplies. Since DEPA Trade is the biggest gas importer in Greece, it also has to secure the largest volume of reserves (622,440 MWh). Mytilineos Group follows with 267,900 MWh and Prometheus Gas with 137,940 MWh.

These volumes are stored in case of emergency, if Russia decides to completely cut gas supply to Europe.

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