Dubai Telegraph - Greece to supply winter gas to war battered Ukraine

EUR -
AED 4.31516
AFN 75.186175
ALL 95.293746
AMD 434.669939
ANG 2.102729
AOA 1078.452193
ARS 1630.2308
AUD 1.624055
AWG 2.116081
AZN 1.972096
BAM 1.949543
BBD 2.366794
BDT 144.45575
BGN 1.95966
BHD 0.443305
BIF 3494.983871
BMD 1.174784
BND 1.487719
BOB 8.119904
BRL 5.802732
BSD 1.175123
BTN 111.184676
BWP 15.724465
BYN 3.318535
BYR 23025.776091
BZD 2.363405
CAD 1.602048
CDF 2720.800684
CHF 0.915216
CLF 0.026764
CLP 1053.358606
CNY 8.00175
CNH 8.003695
COP 4381.253041
CRC 536.176843
CUC 1.174784
CUP 31.131789
CVE 110.371275
CZK 24.334502
DJF 208.783018
DKK 7.472646
DOP 69.958736
DZD 155.303645
EGP 61.942028
ERN 17.621767
ETB 184.561449
FJD 2.56679
FKP 0.865372
GBP 0.864271
GEL 3.159791
GGP 0.865372
GHS 13.216641
GIP 0.865372
GMD 86.346819
GNF 10314.60781
GTQ 8.970172
GYD 245.810019
HKD 9.204719
HNL 31.240732
HRK 7.535039
HTG 153.770943
HUF 357.845822
IDR 20346.562573
ILS 3.41111
IMP 0.865372
INR 111.018189
IQD 1538.967688
IRR 1542492.041252
ISK 143.805836
JEP 0.865372
JMD 185.157308
JOD 0.83289
JPY 183.801491
KES 151.759011
KGS 102.700249
KHR 4714.997648
KMF 492.234745
KPW 1057.310151
KRW 1699.372266
KWD 0.361786
KYD 0.979253
KZT 544.161183
LAK 25810.015627
LBP 105201.95124
LKR 376.191003
LRD 215.661076
LSL 19.425102
LTL 3.468833
LVL 0.710615
LYD 7.448409
MAD 10.806258
MDL 20.200081
MGA 4896.264456
MKD 61.652583
MMK 2466.517899
MNT 4205.316758
MOP 9.48422
MRU 46.876763
MUR 54.984854
MVR 18.156291
MWK 2046.474994
MXN 20.267324
MYR 4.610988
MZN 75.080436
NAD 19.425034
NGN 1600.056316
NIO 43.241033
NOK 10.928374
NPR 177.895283
NZD 1.972428
OMR 0.451734
PAB 1.175123
PEN 4.067693
PGK 5.109601
PHP 71.29591
PKR 327.500562
PLN 4.231549
PYG 7191.917329
QAR 4.280899
RON 5.267261
RSD 117.367963
RUB 87.820039
RWF 1715.185362
SAR 4.407583
SBD 9.436172
SCR 16.301074
SDG 705.462002
SEK 10.849505
SGD 1.490061
SHP 0.877095
SLE 28.958687
SLL 24634.638952
SOS 671.372647
SRD 43.949817
STD 24315.667154
STN 24.421514
SVC 10.281956
SYP 130.640379
SZL 19.149458
THB 37.85511
TJS 10.981508
TMT 4.11762
TND 3.414342
TOP 2.828599
TRY 53.113764
TTD 7.963407
TWD 36.875262
TZS 3045.25641
UAH 51.522813
UGX 4418.798927
USD 1.174784
UYU 47.218451
UZS 14189.398315
VES 579.75196
VND 30926.201816
VUV 138.918767
WST 3.198451
XAF 653.855648
XAG 0.01523
XAU 0.000251
XCD 3.174915
XCG 2.117894
XDR 0.818154
XOF 653.858422
XPF 119.331742
YER 280.332926
ZAR 19.270342
ZMK 10574.444756
ZMW 22.239527
ZWL 378.280128
  • JRI

    0.1200

    13.16

    +0.91%

  • RBGPF

    0.0800

    63.18

    +0.13%

  • BCC

    2.0400

    74.17

    +2.75%

  • CMSC

    0.1300

    23.01

    +0.56%

  • CMSD

    0.1050

    23.395

    +0.45%

  • NGG

    0.4400

    88.08

    +0.5%

  • RIO

    5.2050

    105.705

    +4.92%

  • BCE

    0.1350

    24.235

    +0.56%

  • RYCEF

    1.0500

    17.5

    +6%

  • RELX

    -0.4350

    35.725

    -1.22%

  • GSK

    0.2950

    50.675

    +0.58%

  • VOD

    0.3750

    16.115

    +2.33%

  • BTI

    0.2600

    59.66

    +0.44%

  • AZN

    3.9150

    185.155

    +2.11%

  • BP

    -1.8300

    44.67

    -4.1%

Greece to supply winter gas to war battered Ukraine
Greece to supply winter gas to war battered Ukraine / Photo: Angelos Tzortzinis - AFP

Greece to supply winter gas to war battered Ukraine

Greece signed a deal with Ukraine on Sunday to supply US-origin liquefied natural gas (LNG) to the war-battered country whose energy infrastructure has been crippled 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 his country's defences and energy supply, as it enters another gruelling winter nearly four years into Russia's invasion.

Exhausted and outnumbered Ukrainian troops are struggling to fend off Russian forces, and both sides have been attacking each other's energy infrastructure power stations and oil refineries as the war drags on with no sign of peace talks.

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.

Guilfoyle visited Zelensky at the Ukrainian embassy in Athens on Sunday, the state-run ERTNEWS tv channel reported.

"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.

Most European Union countries recently approved a ban on imports of Russian natural gas by the end of 2027, a decision aimed at hitting Russia's funding for the war.

- Winter 'a huge challenge' -

Mitsotakis also pledged Greek support for Ukraine’s postwar reconstruction and to deepening defence cooperation, according to a joint declaration.

They plan on "enhancing security in the maritime domain, including cooperation on the development and deployment of maritime (sea) UAVs, joint exercises and training related to unmanned maritime systems, and enhanced information-sharing on maritime threats."

The Ukrainian president expressed gratitude to US President Donald 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 to visit France and Spain on his tour, called the agreement 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 first visit to Greece since 2023 follows the recent announcement of major energy projects in Greece, supported by the United States.

Greek authorities plan to cooperate with US companies to increase the flow of American liquefied natural gas to Greek terminals.

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

F.A.Dsouza--DT