DEFA’s mission during the initial phases of its operation will be:
- To secure sufficient Natural Gas supplies, at the lowest possible prices, to cover the needs for Electricity Power Generation (Phase “A”) and subsequently to also supply Industries, Hotels and Households.
- To develop the necessary GAS NETWORK infrastructure.
The Gas Network will initially consist of 3 pipelines connecting the Gas Import Hub with the three existing downstream Power Stations. The estimated cost for “Phase A” of this project is around €60m. Towards this cost DEFA has managed to Secure a €10m grant from EU under the European Economic Programme for Recovery.