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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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