The China Mail - Ukraine signs deal with Greece for winter deliveries of US gas

USD -
AED 3.672949
AFN 65.000106
ALL 81.25221
AMD 377.969747
ANG 1.79008
AOA 916.999782
ARS 1416.50599
AUD 1.409871
AWG 1.8025
AZN 1.686604
BAM 1.646747
BBD 2.012849
BDT 122.13779
BGN 1.67937
BHD 0.377023
BIF 2957.159456
BMD 1
BND 1.268203
BOB 6.920331
BRL 5.20776
BSD 0.999352
BTN 90.600003
BWP 13.170436
BYN 2.880286
BYR 19600
BZD 2.009919
CAD 1.356225
CDF 2199.999638
CHF 0.767065
CLF 0.021659
CLP 855.196575
CNY 6.93895
CNH 6.91576
COP 3682.64
CRC 495.427984
CUC 1
CUP 26.5
CVE 92.841055
CZK 20.3454
DJF 177.720087
DKK 6.271555
DOP 62.913099
DZD 129.505168
EGP 46.872398
ERN 15
ETB 155.88032
EUR 0.83947
FJD 2.1906
FKP 0.735168
GBP 0.731395
GEL 2.695024
GGP 0.735168
GHS 10.998097
GIP 0.735168
GMD 72.999704
GNF 8773.443914
GTQ 7.666239
GYD 209.083408
HKD 7.81474
HNL 26.398747
HRK 6.325017
HTG 131.056026
HUF 316.192014
IDR 16796.9
ILS 3.082402
IMP 0.735168
INR 90.75045
IQD 1309.202051
IRR 42125.000158
ISK 121.720067
JEP 0.735168
JMD 156.313806
JOD 0.709003
JPY 155.927017
KES 128.949572
KGS 87.45029
KHR 4030.614822
KMF 418.999713
KPW 899.993603
KRW 1456.289878
KWD 0.30687
KYD 0.832814
KZT 493.541923
LAK 21477.436819
LBP 89494.552313
LKR 309.311509
LRD 185.885751
LSL 16.017682
LTL 2.95274
LVL 0.60489
LYD 6.318253
MAD 9.139958
MDL 16.974555
MGA 4387.600881
MKD 51.762938
MMK 2099.674626
MNT 3566.287566
MOP 8.045737
MRU 39.684257
MUR 45.980329
MVR 15.449789
MWK 1732.903356
MXN 17.202265
MYR 3.934502
MZN 63.74994
NAD 16.017682
NGN 1357.820008
NIO 36.777738
NOK 9.576985
NPR 144.959837
NZD 1.65165
OMR 0.384495
PAB 0.999356
PEN 3.35639
PGK 4.347991
PHP 58.479006
PKR 279.449595
PLN 3.53357
PYG 6589.344728
QAR 3.643
RON 4.274103
RSD 98.529711
RUB 76.998367
RWF 1459.087618
SAR 3.750473
SBD 8.058149
SCR 13.467575
SDG 601.501353
SEK 8.91995
SGD 1.265499
SHP 0.750259
SLE 24.450094
SLL 20969.499267
SOS 570.112659
SRD 37.971502
STD 20697.981008
STN 20.628626
SVC 8.744817
SYP 11059.574895
SZL 16.010474
THB 31.098032
TJS 9.359244
TMT 3.505
TND 2.886817
TOP 2.40776
TRY 43.587498
TTD 6.770456
TWD 31.545998
TZS 2583.59699
UAH 43.079799
UGX 3557.370493
UYU 38.318564
UZS 12295.451197
VES 377.985125
VND 25910
VUV 119.675943
WST 2.73072
XAF 552.310426
XAG 0.012106
XAU 0.000198
XCD 2.702549
XCG 1.801105
XDR 0.689856
XOF 552.30345
XPF 100.414676
YER 238.401076
ZAR 15.892007
ZMK 9001.202105
ZMW 18.893454
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    -0.0120

    23.56

    -0.05%

  • NGG

    -0.2300

    87.83

    -0.26%

  • GSK

    -1.3800

    58.85

    -2.34%

  • RIO

    2.7800

    96.19

    +2.89%

  • BCC

    -0.2900

    90.74

    -0.32%

  • AZN

    -4.6800

    188.35

    -2.48%

  • BTI

    -2.0200

    60.78

    -3.32%

  • BCE

    0.3800

    25.46

    +1.49%

  • RYCEF

    0.4600

    17.34

    +2.65%

  • CMSD

    0.0430

    23.993

    +0.18%

  • RELX

    -0.1500

    29.23

    -0.51%

  • BP

    0.1700

    39.18

    +0.43%

  • JRI

    -0.1100

    12.86

    -0.86%

  • VOD

    0.3350

    15.445

    +2.17%

Ukraine signs deal with Greece for winter deliveries of US gas
Ukraine signs deal with Greece for winter deliveries of US gas / Photo: © 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.

J.Liv--ThChM