Overview
- Naftogaz and Poland’s ORLEN agreed on at least 300 million cubic meters of American LNG, with deliveries starting in early 2026 and supported by a post‑payment credit facility to help cover Ukraine’s winter needs.
- Venture Global signed Greece’s first long‑term U.S. LNG supply contract with the AKTOR–DEPA joint venture, committing a minimum 0.5 mtpa from 2030 for 20 years with an option to increase volumes.
- The Vertical Corridor linking Greece to Central and Eastern Europe is being used to move LNG from Greek terminals north, with shipments set to reach Ukraine this winter.
- Greece announced an offshore gas exploration partnership in the Ionian Sea with ExxonMobil joining Energean and HELLENiQ, the country’s first such effort in more than four decades, drawing objections from environmental groups over marine risks.
- Greek Prime Minister Kyriakos Mitsotakis urged a ban on Russian gas flows via Turkey, while Naftogaz held talks with U.S. DFC and EXIM to secure additional financing for U.S. gas purchases.