Tag: Sanctions Evasion

The Greek city of Alexandroupolis is the site of a new liquified natural gas (LNG) project, funded in part by the European Commission with the aim to create jobs in the region and reduce its reliance on Russian gas.

Activity Surge in Russia's Shadow Fleet Near Greece

Recent developments have highlighted a surge in activity from Russia's shadow fleet near the Greek coast. With approximately 1 million barrels of fuel being transferred monthly in the Aegean Sea, Greek naval exercises strive to limit these operations. The shadow fleet’s activities, often shrouded in secrecy, aid in evading sanctions, raising concerns over vessel safety and insurance.