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Greece’s Energy Minister Promotes Country As Regional Energy Hub Ahead of Washington Energy Summit

Greece’s Energy Minister Promotes Country As Regional Energy Hub Ahead of Washington Energy Summit

Hellenic Shipping News

Speaking in Washington ahead of a transatlantic summit focused on natural

Speaking in Washington ahead of a transatlantic summit focused on natural gas security and the so-called Vertical Corridor, Greece’s environment and energy minister, Stavros Papastavrou, said the country’s investments in energy infrastructure were designed to turn it into a key gateway for gas flows into Southeast Europe.

The event, hosted by the Donald Trump Institute for Peace, comes as European governments continue to reshape supply routes after the collapse of decades of dependence on Russian energy.

“Greece laid the foundations for the Vertical Corridor,” Mr. Papastavrou said, describing the project as a deliberate effort to convert Greece’s geographic position into geopolitical leverage. He argued that the initiative, combined with partnerships with major companies such as Chevron and Exxon Mobil, would strengthen Europe’s energy security while drawing new investment into Greece.

The Vertical Corridor is not a single pipeline, but a network of interconnections linking gas infrastructure from Greece northward through Bulgaria, Romania and further into Eastern and Central Europe. The system has gained prominence since Russia’s full-scale invasion of Ukraine pushed European countries to diversify supplies and rely increasingly on imported liquefied natural gas, much of it from the United States.

Greece’s role in that system rests largely on LNG

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