EU approves Malta LNG power project

malta-lng

The European Commission approved the Maltese plans to pay Electrogas Malta, operator of the Delimara plant, for providing electricity to the power company, Enemalta.

The aid approved under the EU state aid rules, will compensate Electrogas for the additional cost of fulfilling public service obligations.

In June 2016, Malta notified plans to support the Delimara gas and power energy project to the Commission for assessment under EU state aid rules.

The project comprises of a floating liquid natural gas storage unit and a new combined cycle gas fired power plant. The storage unit will supply gas to the new power plant as well as to an existing plant.

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