GasLog has bought into a company developing a floating storage and regasification unit (FSRU) in northern Greece.
The LNG carrier owner has closed the sale and purchase agreement of a 20% shareholding in Gastrade, initially announced in December.
Gastrade is a private company controlled by Asimina-Eleni Copelouzou and has been working on the FSRU project for several years.
This move allows GasLog to gain a foothold in the offshore regas sector.
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