Atlantic SEE LNG trade doubles LNG volumes from the United States

Under the agreement, Atlantic SEE LNG Trade will double the contractual LNG volumes it purchases from Venture Global, increasing the minimum annual quantity from 0.5 million tonnes per annum (MTPA) to 1.0 MTPA. The contracted volume, equivalent to approximately 1.3 billion cubic metres of natural gas annually, will be supplied over a 20-year period commencing in 2030.

The agreement significantly strengthens the company’s long-term procurement strategy and contributes to the establishment of a reliable and diversified supply framework for the energy markets of Southeast and Central Europe.

Konstantinos Xifaras, Chairman of Atlantic SEE LNG Trade and Chief Executive Officer of DEPA Commercial, commented.

“The expansion of this long-term LNG agreement marks the transition from vision to implementation. By doubling the volumes secured under the contract, we are reinforcing a reliable supply framework capable of meeting the region’s evolving energy needs. This agreement makes a meaningful contribution to supply diversification and to the resilience of the European energy system through access to additional LNG volumes from the United States.

At the same time, it confirms that Greece now possesses both the infrastructure and the strategic partnerships required to serve as a key gateway for U.S. LNG imports into Southeast and Central Europe, supporting secure and reliable energy supply across the region in the years ahead.”

Alexandros Exarchou, Chief Executive Officer of Atlantic SEE LNG Trade and Chairman and Chief Executive Officer of AKTOR Group, stated:

“The expansion of our commercial agreement with Venture Global reflects both the ambition and the strong foundations of our long-term LNG strategy, as well as the significant opportunities created by the Vertical Gas Corridor in strengthening energy security and supply diversification across Central and Eastern Europe.

Furthermore, it highlights the continuously deepening energy cooperation between Greece and the United States for the benefit of the wider region. This agreement demonstrates the value of long-term partnerships and underscores the increasingly important role of transatlantic energy cooperation in enhancing energy security and market resilience throughout the region.”