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GasLog buys into Greek FSRU project

GasLog buys into Greek FSRU project
Peter Livanos’s GasLog has bought a 20% stake in Gastrade, a firm in the process of creating a FSRU for northern Greece.

GasLog ceo Paul Wogan commented that the move targeted a “strategically important energy import project for the region”. The FSRU project is set to receive plenty of financial support from the EU.

GasLog is traditionally a VLGC operator with a fleet of 22 ships in the water and five on order.

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