Brussels is expected to clarify within six months how it will finance critical gas infrastructure as Russian supplies to Europe end in 2027, with Greece positioning itself as a key LNG gateway for Central and Eastern Europe

Its maximum annual capacity is estimated at 6 bcm of natural gas, comparable to the Alexandroupolis FSRU’s 5.5 bcm.

Papastavrou confirmed that American exporters have reached agreements with Greek companies — and added that “this LNG will make its way all the way to Ukraine.”

From 2022 to 2024, the EU added 12 new LNG terminals and six expansions, boosting import capacity by 70 bcm to 250 bcm annually—driven by shrinking Russian gas supplies amid the Ukraine war.