21
Sat, Feb

Vertical Corridor Plans Spur Port, Tech Talks

Vertical Corridor Plans Spur Port, Tech Talks

Hellenic Shipping News

The Vertical Corridor — a natural gas route linking Greece with Bulgaria, Romania,

The Vertical Corridor — a natural gas route linking Greece with Bulgaria, Romania, Moldova and Ukraine — has become a prominent feature of recent U.S.-Greece discussions on energy security.

President Donald Trump recently referred to the corridor during a ceremony for Greece’s new ambassador to the United States, describing bilateral relations as stronger than ever and underscoring the project’s strategic relevance.

Officials in both capitals present the corridor as a strategic opportunity that could facilitate the movement of American liquefied natural gas (LNG), into Southeastern and Eastern Europe, particularly as the European Union prepares to phase out Russian gas imports by the end of 2027.

Under this vision, LNG cargoes arriving at Greece’s Revithoussa terminal near Athens and at the floating storage and regasification unit in Alexandroupolis would move north through interconnected pipeline systems toward regional markets.

At present, however, market participants point to high costs, regulatory frictions and infrastructure constraints that limit commercial viability.

LNG Agreements and Washington Meeting

Recent commercial activity is being framed by participants as preparatory work. ATLANTIC — a partnership between Greek construction group AKTOR and DEPA Commercial — has signed agreements involving U.S. LNG cargoes, including a Jan. 31 deal to supply volumes to

Content Original Link:

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

" target="_blank">

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers