A landmark agreement over Block 2 in the Ionian Sea deepens U.S.–Greece ties, positions Athens as a rising energy hub, and could reshape Southeast Europe’s geopolitical balance
At Athens’ OT Forum on Thursday, Aktor CEO Alexandros Exarchou said new international LNG agreements linked to the newly formed AS LNG venture with DEPA Commercial will be announced within 36 hours
Greek ministers and executives hailed new partnerships and rising investment interest, projecting confidence about the country’s energy future
Energean, HelleniQ Energy, and ExxonMobil sealed a major agreement in Athens during the P-TEC conference to begin exploratory drilling in the Ionian Sea’s Block 2, marking Greece’s first offshore drilling in decades
Greek Prime Minister Kyriakos Mitsotakis also referred to the country's crucial role in developing a vertical energy corridor from the Mediterranean to eastern Europe. New US Ambassador Kimberly Guilfoyle also present
As Athens hosts a major transatlantic energy forum, DEPA Commercial and AKTOR launch AS LNG, a $1 billion joint venture to import and trade U.S. liquefied natural gas across Southeast Europe
The €134 million Komotini facility boosts Greece’s role as an energy hub for Southeast Europe, expanding gas exports to the Balkans and beyond amid Europe’s efforts to move away from Russian energy
Minister Papastavrou: “Greece is emerging as a confident and reliable energy hub.”
Greek minister Papastavrou said the P-TEC conference will be attended by U.S. Secretary of Energy Chris Wright and U.S. Secretary of the Interior Doug Burgum.
As Europe races to cut Russian energy ties, Athens and Washington deepen their LNG cooperation, positioning Greece as a key transit point for US gas bound for Central and Eastern Europe
Preliminary studies by HEREMA estimate potential natural gas reserves of around 680 billion cubic meters.
The Greek industrial and energy group will supply ENGIE with solar power from six UK sites, helping prevent over 52,000 tons of CO₂ emissions annually and advancing the UK’s decarbonization goals
Any gas flows entering the EU via Turkey are presumed to be of Russian origin unless indisputable evidence proves otherwise.
EU energy ministers agreed to a full ban on Russian natural gas imports starting in 2028, aiming to cut a key source of Moscow’s war funding. The plan now awaits approval by the European Parliament
In an interview with TO BHMA, Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources of Saudi Arabia, highlights the Kingdom’s interest in collaborating with Greek companies.
Once complete, the Greece–Egypt Interconnector will carry up to 3,000 megawatts of renewable power from Egypt to Europe via Greece.
Top-secret sites house rows of batteries designed to support power grid during bombardments
Greece will need to at least triple its power production capacity – today at roughly 50 TWh – by 2050 and produce cheaper electricity, according to Purdue professor of nuclear engineering Lefteri Tsoukalas. The noted professor stresses that the future use of nuclear reactors, possibly along the design of small modular ones (SMRs), is “imperative” […]
Athens aims to strengthen its geopolitical position by deepening energy ties with Washington, positioning itself as both a consumer market and a gateway for US LNG to Europe, while Ankara struggles to decouple from Russian gas
Kikilias outlined Greece’s potential as a regional energy hub, emphasizing the country’s role as an entry point for LNG from various nations, including the United States.