The first round of a market test organized by Greek natural gas transmission system operator DESFA for the expansion of the gas transmission network attracted 27 non-binding bids. The test was deemed satisfactory by the operator.
The market test participants include a number of major Greek and foreign players, from large-scale consumers to gas transit companies and traders, who also operate in the Balkan markets.
Received bids will be assessed over a three-stage process, beginning with an evaluation of bid levels, followed by technical analysis, expected to take two months until mid-July, and, finally, tariff plan feasibility based on infrastructure to be deemed necessary by DESFA.
The market test’s second round of binding bids is expected to start in September and run until late spring 2024.
