Tag: Venture Global

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.

Ukraine Secures First US LNG Shipment via Greece Ahead of Russian Gas Deal Expiry and Trump Inauguration

Ukraine has received its first shipment of liquefied natural gas from the United States, marking a significant step in reducing dependence on Russian energy sources. The delivery, facilitated by DTEK, arrived at a Greek terminal via the Mediterranean. This milestone comes just before the expiration of a Russian gas transit deal through Ukraine and ahead of Donald Trump’s inauguration as US president. Given heightened Russian attacks on Ukraine’s energy system, this development is crucial for regional energy security.

usa greece

New U.S.-Greece LNG Deal Strengthens Europe’s Energy Security

Venture Global has secured 1 million tonnes per annum of LNG regasification capacity at Greece’s Alexandroupolis terminal, enhancing Europe’s energy security. This deal highlights the shift in gas supply dynamics as the U.S. and Norway replace Russia as primary suppliers, amidst a growing emphasis on renewable energy across the continent.