The Prague Post - Ukraine signs deal with Greece for winter deliveries of US gas

EUR -
AED 4.289787
AFN 77.350336
ALL 96.554017
AMD 446.365251
ANG 2.091341
AOA 1071.133016
ARS 1722.690888
AUD 1.74986
AWG 2.104011
AZN 1.987963
BAM 1.953023
BBD 2.358047
BDT 143.14644
BGN 1.946845
BHD 0.440303
BIF 3463.104976
BMD 1.168084
BND 1.506171
BOB 8.090195
BRL 6.357412
BSD 1.170535
BTN 105.488991
BWP 16.355272
BYN 3.43851
BYR 22894.4452
BZD 2.354152
CAD 1.610145
CDF 2565.112624
CHF 0.928859
CLF 0.026873
CLP 1054.230749
CNY 8.169404
CNH 8.150528
COP 4413.721971
CRC 582.374334
CUC 1.168084
CUP 30.954224
CVE 110.108422
CZK 24.160183
DJF 208.443585
DKK 7.46957
DOP 73.845305
DZD 151.34647
EGP 55.367529
ERN 17.521259
ETB 181.924596
FJD 2.66092
FKP 0.867784
GBP 0.870053
GEL 3.141858
GGP 0.867784
GHS 12.261564
GIP 0.867784
GMD 86.438321
GNF 10240.52524
GTQ 8.979631
GYD 244.891754
HKD 9.096214
HNL 30.866107
HRK 7.531225
HTG 153.213436
HUF 383.772225
IDR 19553.549922
ILS 3.710506
IMP 0.867784
INR 105.446266
IQD 1533.639105
IRR 49205.535414
ISK 147.400671
JEP 0.867784
JMD 185.988798
JOD 0.828193
JPY 183.207536
KES 150.682466
KGS 102.141352
KHR 4693.765465
KMF 491.763034
KPW 1051.276474
KRW 1689.995488
KWD 0.359022
KYD 0.975413
KZT 593.895457
LAK 25307.012434
LBP 104825.2344
LKR 362.644306
LRD 208.38367
LSL 19.326517
LTL 3.449049
LVL 0.706562
LYD 6.338986
MAD 10.704678
MDL 19.701983
MGA 5371.878096
MKD 61.503081
MMK 2452.82162
MNT 4157.034605
MOP 9.395739
MRU 46.64387
MUR 54.304214
MVR 18.058297
MWK 2030.010766
MXN 21.048797
MYR 4.757017
MZN 74.639642
NAD 19.326517
NGN 1681.071482
NIO 43.0851
NOK 11.804884
NPR 168.781985
NZD 2.031397
OMR 0.449133
PAB 1.170535
PEN 3.933706
PGK 5.057851
PHP 69.089843
PKR 327.844322
PLN 4.210078
PYG 7684.072946
QAR 4.268131
RON 5.089223
RSD 117.295491
RUB 94.496374
RWF 1704.822428
SAR 4.380802
SBD 9.512242
SCR 17.396538
SDG 702.605112
SEK 10.78399
SGD 1.502956
SHP 0.876365
SLE 28.034329
SLL 24494.140434
SOS 667.690499
SRD 44.534948
STD 24176.97918
STN 24.465419
SVC 10.242435
SYP 12915.268559
SZL 19.327778
THB 36.605996
TJS 10.809828
TMT 4.088294
TND 3.412647
TOP 2.812466
TRY 50.281334
TTD 7.957684
TWD 36.750018
TZS 2890.969165
UAH 49.553379
UGX 4240.969175
USD 1.168084
UYU 45.714991
UZS 14051.018899
VES 351.154954
VND 30686.149113
VUV 140.679862
WST 3.233014
XAF 654.966736
XAG 0.015396
XAU 0.000264
XCD 3.156805
XCG 2.109999
XDR 0.814568
XOF 655.025528
XPF 119.331742
YER 278.475349
ZAR 19.258351
ZMK 10514.143556
ZMW 25.839256
ZWL 376.122552
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.0000

    80.75

    0%

  • CMSC

    0.2400

    22.89

    +1.05%

  • BCC

    0.5200

    74.12

    +0.7%

  • NGG

    1.3500

    78.7

    +1.72%

  • BTI

    -0.0700

    56.55

    -0.12%

  • GSK

    0.5900

    49.63

    +1.19%

  • RYCEF

    0.5900

    16.1

    +3.66%

  • BCE

    -0.1600

    23.66

    -0.68%

  • RIO

    1.4000

    81.43

    +1.72%

  • BP

    1.1000

    35.83

    +3.07%

  • RELX

    -0.6200

    39.8

    -1.56%

  • JRI

    0.0100

    13.62

    +0.07%

  • CMSD

    0.4400

    23.59

    +1.87%

  • AZN

    -0.3600

    91.57

    -0.39%

  • VOD

    0.1300

    13.34

    +0.97%

Ukraine signs deal with Greece for winter deliveries of US gas
Ukraine signs deal with Greece for winter deliveries of US gas / Photo: Angelos Tzortzinis - AFP

Ukraine signs deal with Greece for winter deliveries of US gas

Ukraine signed a deal with Greece on Sunday for winter deliveries of American liquefied natural gas to Kyiv, as Ukrainian energy infrastructure is battered by Russian strikes.

Text size:

The agreement came as Ukrainian President Volodymyr Zelensky visited Athens at the start of a European tour aimed at shoring up Kyiv's defences and energy supply, as it faces another gruelling winter nearly four years into Russia's invasion.

Exhausted and outnumbered Ukrainian troops are struggling to fend off a larger Russian army, and both sides have been attacking each other's energy infrastructure as the war drags on, with peace talks deadlocked despite US President Donald Trump's push for a truce.

Greece's national gas company DEPA Commercial and its Ukrainian counterpart Naftogaz announced the deal, which will run from December 2025 until March 2026, following a meeting between Zelensky and Greek Prime Minister Kyriakos Mitsotakis.

The agreement "marks an essential step in strengthening regional energy cooperation and European energy security", according to a joint statement.

The deal, signed at a ceremony attended by US ambassador to Greece Kimberly Guilfoyle, will make it possible to "support Ukraine in the midst of a difficult winter", Mitsotakis and Zelensky said.

"Relations between our countries are taking on a crucial new dimension: that of a new secure energy artery, stretching from south to north, from Greece to Ukraine," Mitsotakis said.

He called the deal a "decisive step toward definitive energy independence from Russian gas" -- a key goal for Europe, which has struggled to wean itself off imports.

A majority of European Union countries recently gave the green light to ban imports of Russian natural gas by the end of 2027, a decision aimed at drying up a major source of funding for Moscow's war in Ukraine.

- Winter 'a huge challenge' -

Mitsotakis also pledged Greek support for Ukraine’s postwar reconstruction.

The Ukrainian president expressed his gratitude to Trump "for the fact that we will be able to receive natural gas not only from Greece, but also (US gas) via Greece".

Zelensky, who is also due to visit France and Spain on his tour, described the agreement as "extremely important" because it constitutes "a significant part of the comprehensive energy package we have prepared for this winter".

The approaching winter poses "a huge challenge... for the Ukrainian people", he said.

"Practically every night now, the Russians are striking our infrastructure, especially our energy infrastructure," he said.

"Most of Ukraine's power plants, our gas production facilities and our thermal power plants have become targets."

Zelensky's visit, his first since 2023, follows recent announcements of major energy projects in Greece, supported by the United States.

The Greek authorities plan to cooperate more closely with US companies to increase the flow of American liquefied natural gas (LNG) to Greek terminals.

Greece is "the natural gateway for American liquefied natural gas to replace Russian gas in the region," Mitsotakis said earlier this month at a conference in Athens hosted by the United States.

The recent launch of a Trans-Adriatic pipeline connecting Greece and Bulgaria has enabled the country to contribute to a "vertical" corridor delivering gas towards Bulgaria, Romania, Moldova, Ukraine, Hungary and Slovakia.

The opening of storage infrastructure at the port of Alexandroupolis, near the Greek-Turkish border and where American LNG arrives, has also helped undermine Russia's market in the region.

E.Soukup--TPP