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US Ambassador To Greece Confirms Washington Interest In Alexandroupolis Port

US Ambassador to Greece confirms Washington interest in Alexandroupolis port

Source: Port Authority of Alexandroupolis
Athens, Greece (PortSEurope) November 8, 2020 – US Ambassador to Greece Geoffrey Pyatt told the online Thessaloniki Summit last Thursday that the U.S. government supports Alexandroupolis port remaining in “Western hands”. Concerning the port, Pyatt said “it has been a special priority” for him, and its privatization the focus of Washington and welcomed the interest of two American consortia and that of the US Development
Finance Corporation, which would involve American finance agencies. The ambassador emphasised that Washington would like see this strategic asset remain in Western hands. The port is also the location of the Floating Storage Regasification Unit (FSRU) for natural gas, and he welcomed Wednesday’s signing by the Hellenic Gas Transmission System Operator (DESFA) to share 20% of the Gastrade project – another strategic priority of Washington. Also locally,, Pyatt said that the prospect of a new gas-fired electricity power plant in Alexandroupolis will help Greece meet PM Mitsotakis’ goal of eliminating lignite-powered electricity production by 2028. Last month, the Hellenic Republic Asset Development Fund (HRADF), responsible for privatising Greek state-owned assets, announced that four parties have submitted “Expressions of Interest” for the acquisition of a majority stake of at least 67% in Alexandroupolis Port Authority SA (OLA). They are: Consortium of Cameron S.A., Goldair Cargo AE & Bollore Africa LogisticsConsortium named International Port Investments Alexandroupolis, composed of the companies Black Summit Financial Group (USA), Euroports-EFA Group & ΓΕΚ ΤΕΡΝΑ Quintana Infrastructure and Development (USA)Thessaloniki Port Authority (ThPA) Copyright (C) PortSEurope. All Rights Reserved. 2020.

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