Results for "Vertical Corridor"

State-owned natural gas transporter Transgaz has finalized a deal to expand the Vertical Corridor infrastructure, linking Romania directly to Western Balkan markets.

Greece, North Macedonia, and Serbia have signed a new memorandum of understanding to extend the Vertical Corridor energy transit route into the Western Balkans, strengthening regional energy cooperation.

Greece is positioning itself as a critical node in Europe’s evolving energy infrastructure through the development of the Vertical Corridor project. The initiative aims to enhance regional gas and electricity interconnections while reducing continental dependence on external suppliers.

Gas Transmission System Operators (TSOs) involved in the Vertical Corridor Initiative held a working meeting in Athens, with Serbian TSOs participating for the first time, indicating a new level of maturity for the project.

Serbia and North Macedonia are participating in the next phase of the Vertical Corridor project, a regional initiative aimed at enhancing energy interconnection.

Alexandros Exarchou, President and CEO of the AKTOR Group, expressed optimism regarding the trajectory of the Greek economy, stating that it is now capable of dynamic growth and highlighting Greece's proactive stance with the Vertical Corridor.

The Vertical Corridor gas pipeline has reported exceptionally encouraging results from its annual auctions, with a record 46% of capacity committed for exports from Greece to Bulgaria.

The "Vertical Corridor" LNG project is promoting agreements for natural gas exports via Greece to six countries in Southeast Europe, aiming to ensure long-term supplies and strengthen regional energy security.

Greece is expanding its activity in Southeast and Central European markets, leveraging new opportunities from the Vertical Corridor and doubled LNG quantities secured from Venture, enhancing its role in European energy security.

The Vertical Corridor and the development plan for a second floating liquefied natural gas (FSRU) terminal, named Thrace FSRU, are central topics at Posidonia 2026, a major international shipping exhibition.

Plans are underway for the expansion of the Vertical Corridor, involving cooperation with North Macedonia and Serbia.

Maria Rita Galli, CEO of AKTOR LNG, highlighted the importance of infrastructure, long-term contracts, and regulatory stability for the development and success of the Vertical Corridor project.

Alexandros Exarchou outlined AKTOR group's strategic transformation towards a new energy-focused business model, emphasizing how the 'Vertical Corridor' significantly strengthens Greece's geostrategic position.

The Delphi Economic Forum XI convened, with a significant focus on the Vertical Corridor as a crucial axis for energy security and regional cooperation. Discussions also touched upon broader geopoliti

Σε μεγάλη πρόκληση αναδεικνύεται η ενεργειακή επάρκεια της Ευρώπης για τον επόμενο χειμώνα, με δεδομένο το χαμηλό ποσοστό πλήρωσης σε φυσικό αέριο. Τα τελευταία στοιχεία δείχνουν ότι τα ποσοστά…

A Trans-Balkan gas pipeline and Vertical Corridor project, involving gas operators from Greece, Bulgaria, Romania, Moldova, and Ukraine, is moving forward without the participation of North Macedonia, according to the Greek gas network operator DESFA.

The 'Vertical Corridor' project is at a decision point for its restart, with the Commission scrutinizing the new methodology proposed by operators, aiming to reduce costs and restore commercial interest.

Activity is intensifying to boost the momentum of the Vertical Corridor energy project, aligning with messages from Prime Minister Mitsotakis, as high-level contacts are underway and a shipment of US LNG from Cheniere has arrived.

Former Finance Minister Christos Staikouras stated that Greece's various energy agreements, including the vertical corridor, are enhancing the country's geopolitical role.

The 'Vertical Corridor' energy project is set to receive a green light from Brussels in early March, paving the way for new infrastructure and highlighting the role of Atlantic SEE LNG after long-term US LNG agreements.

Atlantic SEE LNG Trade secured new long-term agreements for the sale of American LNG with four countries, within the framework of the ministerial meeting in Washington organized by the White House and

Greek Minister of Environment and Energy, Stavros Papastavrou, participated in the Transatlantic Gas Security Summit in Washington D.C., hosted by the White House and the National Energy Security Council of the USA, discussing Greece's role as an investment hub and the 'Vertical Corridor' energy project.

Greek Minister of Environment and Energy, Stavros Papastavrou, participated in a Washington event on 10 years of US-EU LNG cooperation, highlighting Greece's central role in the 'Vertical Corridor' as an artery of peace and prosperity.

DESFA, Greece's natural gas transmission system operator, announced a significant development for the 'Vertical Corridor' gas pipeline, with nearly all (98%) of the offered capacity for March being committed during a recent auction.

Minister of State Stavros Papastavrou is in Washington for a series of meetings aimed at strengthening strategic energy cooperation between Greece and the US, solidifying Greece's role in the new energy architecture, and activating the Vertical Corridor.

Greece’s Energy Minister praised the signing of an MoU to expand the Vertical Corridor, calling it a major step for regional energy security.

Natural gas system operators gathered in Alexandroupolis, Greece, to discuss the integration of Serbia and North Macedonia into the Vertical Corridor. The project aims to enhance energy security and diversify supply routes in Southeast Europe.

Agreements for the participation of operators from North Macedonia and Serbia in the Vertical Corridor energy project are expected to be signed in September, following a ministerial meeting in Athens in May that decided on the corridor's expansion.

A working group has been established to further evaluate the capacity framework for natural gas system interconnection in Southeast Europe, assess long-term market prospects, and enhance the commercial attractiveness of the Vertical Corridor.

Stavros Papastavrou stated that Greece is building the Vertical Corridor as a dense and reliable regional energy network. This initiative aims to enhance energy security and connectivity in the region.

Greek Minister Stavros Papastavrou met with a bipartisan US Congressional delegation to promote Greece as an energy hub and reliable partner in the wider region, aiming to help the EU end its dependence on Russian natural gas through the Vertical Corridor.

Atlantic SEE LNG Trade, a joint venture of AKTOR Group and DEPA Commercial, has secured capacity amounting to approximately 4.7 TWh annually in the annual auction for the Vertical Corridor.

Atlantic SEE LNG Trade, a joint venture between AKTOR and DEPA Commercial, is intensifying efforts to convert memorandums of understanding and ongoing negotiations into binding agreements for expansion into the Vertical Corridor.

Energy security and resilience in the Eastern Mediterranean were central to meetings held in the US by the Greek delegation, led by Minister of Environment and Energy Stavros Papastavrou, focusing on the strategic importance of the Vertical Corridor for the region.

Notis Mitarakis participated as a keynote speaker at the 6th Green Transition Forum (GTF) in Sofia, Bulgaria, in the presence of Bulgarian President Iliana Iotova, emphasizing the strategic importance of the Vertical Corridor.

Ministers from Greece, Bulgaria, North Macedonia, and Serbia met to discuss and advance the expansion of the 'Vertical Corridor' gas pipeline. This initiative aims to enhance energy security and reduce reliance on Russian gas in the region.

Greek Minister of Environment and Energy, Stavros Papastavrou, met with US Energy Secretary Chris Wright to discuss current regional and international energy developments. Key topics included the Vertical Corridor and promoting cooperation between Greece, Cyprus, and Israel.

Alex Exarchou highlights the Vertical Corridor as a historic opportunity for Greece, noting its potential to address future high natural gas prices and supply shortages in Europe.

The International Monetary Fund (IMF) has issued a warning regarding Asia's susceptibility to energy shocks triggered by ongoing conflicts.

Greek Minister of Environment and Energy, Stavros Papastavrou, emphasized the critical issue of energy corridors in Southeast Europe and the strategic importance of the region for energy security, describing the Vertical Corridor as an artery for development, prosperity, and freedom.

Papastavrou emphasized that the Vertical Corridor is key for Europe's independence from Russian gas and requires strong, multifaceted support from the European Commission to unlock its full potential.

The International Energy Agency (IEA) has given a vote of confidence to Greece's Vertical Corridor and enhanced LNG cooperation, considering them key initiatives to ensure energy supply security in Central Europe.

EU-US relations are reportedly under strain due to Brussels' delays in LNG developments, even as the Vertical Corridor sees rapid progress and long-term agreements for American LNG are being signed.

Greece is actively working to solidify its role as a crucial energy conduit for Europe, leveraging enhanced cooperation with the United States to secure the continent's natural gas supply.

Metlen's Washington agreement with Shell and the expansion of the countries to be supported by the Vertical Corridor - The message of the joint communiqué from the 13 countries and the competition of

Greek Minister of Environment and Energy, Stavros Papastavrou, spoke in Washington about Greece's role as a key pillar of energy security in Southeast Europe, particularly regarding the Vertical Corridor.

Washington is hosting crucial discussions for the 'Vertical Corridor' initiative, focusing on key negotiation points and the €750 billion Europe–U.S. supply package.

A crucial development for Greece's natural gas 'Vertical Corridor' sees almost all (98%) of its capacity for March committed in a recent auction, ahead of an important meeting in the US.

Greek Minister of Environment and Energy, Stavros Papastavrou, is in Washington for high-level meetings to strengthen strategic energy cooperation between Greece and the US, focusing on the Vertical Corridor project.

A new signing in Thessaloniki integrates Serbia and North Macedonia into the Vertical Corridor project, designed to transport US LNG and Azerbaijani gas from Alexandroupoli to Central Europe.

Operators of natural gas transport systems met in Athens and decided to establish a working group to further develop the framework for the Vertical Corridor project's interconnection capacity, with Romania's participation.

North Macedonia's NOMAGAS is participating in a meeting to include the national gas system in the regional planning of infrastructure and cross-border capacities for the Vertical Corridor towards the Western Balkans. Discussions involved DESFA from Greece and Bulgartransgaz from Bulgaria.

Aktor has announced its acquisition of a 50% stake in Motor Oil's Dioriga Gas LNG project, a move expected to significantly impact the region's LNG infrastructure and the Vertical Corridor initiative. This agreement marks a key development in the energy sector for both companies.

The AKTOR – DEPA Commercial consortium has successfully secured 4.7 TWh of capacity in the Vertical Corridor auction, with Atlantic See's participation sending a positive signal.

Για τα επόμενα βήματα της Atlantic SEE LNG, πρώτη κατεύθυνση είναι νέες μακροχρόνιες συμφωνίες, στα πρότυπα των συμβάσεων σε Αλβανία και Βοσνία Ερζεγοβίνη. Υπενθυμίζεται ότι οι δύο συμβάσεις αφορούν…

Minister of Environment and Energy, Stavros Papastavrou, emphasized the importance of developing energy infrastructure, renewable energy sources, and the Vertical Corridor, advocating for a holistic approach to spatial planning and energy.

US Interior Secretary Doug Burgum emphasized the significance of the Vertical Corridor through Greece as a major opportunity for Europe, particularly for the transport of LNG, during remarks at a Breitbart News event.

AKTOR is making significant strides in expanding the Vertical Corridor in Albania, with recent agreements signed in Tirana highlighting the growing influence of American LNG in reshaping the energy landscape of the Western Balkans.

The Greek Minister of Energy, Stavros Papastavrou, met with US Secretary of Energy Chris Wright to discuss current energy developments, including drilling in the Ionian Sea and the Vertical Corridor project.

The 'Vertical Corridor' was the central topic of discussion during a meeting between Greek Minister of Environment and Energy Stavros Papastavrou and U.S. energy envoy Joshua Volz.

US ambassadors have expressed interest in the 'Vertical Corridor' project, a gas transport route connecting Greece, Bulgaria, Romania, Hungary, Slovakia, and Moldova, for selling American gas.

The strategic importance of the "Vertical Corridor" project is increasing due to ongoing conflict, but its commercial viability is threatened by unresolved critical issues, particularly concerning tariffs.

A critical meeting is being held via teleconference today under the auspices of the European Commission to address regulatory issues of the Vertical Corridor project, a pivotal moment for its future.

The Greek Cabinet discussed energy agreements, including those with Chevron and Helleniq Energy, and highlighted the 'Vertical Corridor' project which aims to connect seven countries and 100 million people.

The US Ambassador to Athens, K. Gilfoil, stated at the Transatlantic Gas Security Summit that the Vertical Corridor will ensure no country in the region faces a dilemma between energy and independence again.

Greek energy minister underscores strategic value of Vertical Corridor  eKathimerini.com

Greek Minister of Environment and Energy, Stavros Papastavrou, stated in Washington that Greece has laid the foundations for the 'Vertical Corridor,' a strategic cooperation enhancing energy security.

Stavros Papastavrou, a Greek official, spoke in Washington about Greece's emerging role as an energy hub in Southeast Europe and the strategic importance of the Vertical Corridor for Europe's energy security.

Atlantic SEE LNG Trade has committed to the entire offered capacity for Route 1 of the Vertical Corridor, signaling a positive development ahead of a meeting in Washington.