What Agreement Did Greece and Ukraine Sign on LNG Supply?

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What Agreement Did Greece and Ukraine Sign on LNG Supply?

Synopsis

On November 17, Ukrainian President Volodymyr Zelensky visited Greece, leading to a significant agreement on LNG supply that bolsters Ukraine's energy security. This collaboration exemplifies Greece's role as a vital gas hub for Central and Eastern Europe, with far-reaching implications for regional stability and cooperation.

Key Takeaways

  • Agreement signed between Greece and Ukraine.
  • Focus on liquefied natural gas (LNG) supply.
  • Transport scheduled from December 2025 to March 2026.
  • Greece as an energy hub for Central and Eastern Europe.
  • Strengthens Ukraine's energy security amidst conflict.

Athens, Nov 17 (NationPress) Ukrainian President Volodymyr Zelensky made a short visit to Greece, where both nations formalized a natural gas agreement.

As reported by the Greek official news agency AMNA, the memorandum of understanding between Greece's DEPA Commercial and Ukraine's Naftogaz will facilitate the transfer of American liquefied natural gas (LNG) to Ukraine via the Vertical Corridor from December 2025 to March 2026, according to Xinhua news agency.

This agreement was executed in Athens with the esteemed presence of Greek Prime Minister Kyriakos Mitsotakis and President Zelensky.

Prime Minister Mitsotakis remarked that this arrangement would supply Ukraine with diversified and reliable energy sources, emphasizing that Greece has emerged as a crucial hub for gas shipments to Central and Eastern Europe.

“I extend my gratitude to Prime Minister Kyriakos Mitsotakis, his team, the companies involved, and everyone contributing to the realization of such agreements,” Zelensky expressed on social media following his meeting with the Greek premier in Athens.

Zelenskyy also acknowledged Greece’s ongoing, substantial, and multifaceted support, pointing out that Ukraine endures daily assaults on essential infrastructure. He thanked Greece and the US for their roles in the energy agreements and called for persistent pressure on Russia, stating, “Russia warrants additional sanctions, and we are deeply appreciative of Greece’s support for our initiatives to recover abducted children and prisoners of war.”

During this visit, the two leaders also deliberated on reconstruction efforts in Ukraine, defense collaboration, and Euro-Atlantic integration.

Point of View

The agreement signed between Greece and Ukraine marks a pivotal moment in energy collaboration and regional security. It reflects Greece's growing influence as an energy hub and underscores Ukraine's urgent need for diversified energy sources amidst ongoing geopolitical tensions. This partnership could significantly alter energy dynamics in Central and Eastern Europe.
NationPress
17/11/2025

Frequently Asked Questions

What is the significance of the LNG agreement between Greece and Ukraine?
The agreement is crucial for enhancing Ukraine's energy security by providing access to diversified and reliable energy sources, especially amid ongoing conflicts.
When will the LNG supply from Greece to Ukraine commence?
The LNG supply is expected to commence from December 2025 and continue until March 2026.
Who were the key figures present during the signing of the agreement?
Ukrainian President Volodymyr Zelensky and Greek Prime Minister Kyriakos Mitsotakis were the key figures present during the signing.
How does this agreement impact Greece's role in Europe?
The agreement reinforces Greece's position as a vital energy hub for gas flows to Central and Eastern Europe, enhancing its geopolitical significance.
What are the broader implications of this agreement?
The agreement could lead to stronger cooperation between Greece and Ukraine, impacting energy dynamics, security, and Euro-Atlantic integration.
Nation Press