Greece will enjoy lower natural gas bills in the coming years as the country turns into a transit hub for natural gas in Southeastern Europe, Maria Rita Galli, CEO of gas grid operator DESFA, told reporters.

Galli said that the average price per megawatt-hour in 2022 was 1.78 euros, which rose to €2.1 in 2023 but was expected to fall to €1.9 in 2024, €1.77 in 2025, €1.73 in 2026 and €1.89 in 2027.

The first (non-binding) phase of a market test conducted recently by DESFA offered some clear evidence of the potential level of use of the Greek grid by companies interested in exporting natural gas through Greece to the Balkans.

Galli said DESFA has started a survey on supply safety for next winter and noted the improved position on last year as natural gas deposits in Europe are full.

She noted that prices will depend on temperatures.

Source: Ekathimerini.com