Gastrade announces that the suspension of regasification services, which emerged in late January, was due to a technical issue leading to the damage of the booster pumps onboard the Alexandroupolis FSRU. The Company has already undertaken all necessary actions to address the issue and repair the booster pumps.

Based on the progress of the remediation works and with a view to ensure the safest possible resumption of operations, the Terminal will resume unloading and regasification services on August 15, 2025, with an available regasification capacity capped at 25% of its maximum sustainable capacity, i.e. c. 41.5 GWh/day, with available redundancy re. its booster pumps.

Such availability will be offered for the period from August 15 to September 30, 2025, under certain operational and commercial conditions. The 25% cap will be lifted as of the start of the next Gas Year, i.e. from October 1, 2025, whereas certain operation constraints may remain for a limited period of time.

About Gastrade S.A.

Gastrade is the first company in Greece to be granted an Independent Natural Gas System License. Gastrade studies, designs, constructs, operates and exploits the necessary infrastructure for receiving, storing, transporting, and distributing natural gas in a safe, adequate, reliable and cost-effective manner.

Gastrade developed and will operate the Alexandroupolis Independent Natural Gas System.

The Project has been co-financed by the European Regional Development Fund of the European Union through the Operational Programmes “Competitiveness, Entrepreneurship, and Innovation (EPAnEK)” and “Environment and Climate Change (PEKA)” within the NSRF of 2014-2020 and 2021-2027 respectively.