Despite years of diplomatic backing, the corridor continues to face structural challenges. Capacity auctions have not guaranteed stable volumes. Transit fees, layered across multiple countries, steadily erode its price competitiveness
Greece advances an offshore exploration partnership with Chevron while negotiating a long-term LNG supply deal, as U.S.-hosted talks on the Vertical Corridor
In an article for Foreign Policy, Greece’s energy minister calls for faster LNG investment, regulatory harmonization and deeper U.S.-EU integration to turn the Vertical Corridor into a pillar of Europe’s post-Russian energy system.
DESFA’s latest auction allocated nearly all available LNG unloading and regasification capacity at the Revithoussa terminal for the 2026–2040 period, with several delivery years already fully booked
Gerasimos Kalogiratos, CEO of Capital Clean Energy Carriers, on the company’s historic transformation and its energy transition goals
A White House meeting and a first LNG sale to Ukraine signal firm political backing for the Vertical Corridor, even as weak auction results and EU concerns over energy dependence cast doubt on the project’s commercial path
Greek and U.S. officials used the Athens Energy Summit to announce late-February talks in Washington, defend the strategic case for the Vertical Corridor, and outline gas, LNG, and offshore exploration plans amid weak market uptake and regulatory hurdles
February’s auction for gas transport capacity through Greece saw almost no demand, highlighting cost, regulatory uncertainty, and strong competition from cheaper routes to Eastern Europe and Ukraine
Alexandros Exarchou urged EU subsidies for the Vertical Corridor and stronger commitments to U.S. LNG, as forecasts point to record imports and a shifting global gas market
Rising gas and power costs across the EU, driven by extreme weather, low reserves and market volatility, are weighing heavily on households and businesses, with Greece facing some of the steepest electricity prices in Europe
A new energy landscape in 2026 – the HERON–NRG deal, AKTOR’s entry, and major investments by PPC, MOH, DEPA, and HELLENiQ ENERGY
From offshore gas exploration to long-term U.S. LNG deals, 2026 marks a turning point as Greece begins to see results from major energy agreements signed over the past two years
This development confirms Metlen’s role as a key pillar of energy security in Southeastern Europe
Two high-level summits are expected in Washington with U.S., Greek, and European stakeholders, with Greece to be represented by AKTOR CEO, Alexandros Exarchou.
Legislators expressed particular interest, officials said, in Greece’s recent energy agreements and in the next round of meetings under the 3+1 format with Cyprus, Israel and the United States, which is expected to reconvene in Washington in April
A meeting in Thessaloniki between US Ambassador Kimberly Guilfoyle and Deputy Minister Konstantinos Gkioulekas highlighted Northern Greece’s growing strategic role, recent energy agreements, and new opportunities for American investment
Naturally, the question arises whether Greece is becoming excessively tied to the United States
HELLENiQ Energy CEO Andreas Shiamishis says Greece is emerging as a key Southeast European hub for LNG, refined fuels and future green-power exports, as policymakers and U.S. officials highlight the country’s growing role in regional energy stability
Greek shipping magnate proposes allowing sanctioned vessels to be scrapped within a specific timeframe to address environmental risks
Mitsotakis outlined plans on rising prices, housing support, farmer compensation, transport pressures, energy deals, and a sea-drone partnership with Ukraine