Greece’s gas exports jumped 166% in the first 10 months of 2026, reaching 15.3 terawatt-hours (TWh), while liquefied natural gas (LNG) imports climbed to a record 32.5 TWh for the same period. The increase in exports came as total net gas imports declined by 3.9% year over year, reflecting changes in the country’s gas supply and cross-border trade.
The export total compared with 5.7 TWh in the same period of 2025. Most of the gas, 11.73 TWh or 76.9%, moved through the Sidirokastro entry point. Exports through Komotini, connected to the IGB pipeline, reached 2.02 TWh, while Nea Mesimvria accounted for 1.51 TWh.
In October alone, exports totaled 1.65 TWh, down 5.5% from September. Sidirokastro handled 1.17 TWh, up 13.8% from the previous month. Komotini carried 0.25 TWh and Nea Mesimvria 0.24 TWh.
Greece’s gas exports jumped as LNG imports hit a 10-month record
On imports in October, LNG supplied 2.41 TWh, ahead of 2.07 TWh of net pipeline gas at Sidirokastro and 0.64 TWh through Nea Mesimvria. Deliveries of Turkish gas through Kipi remained at zero, a pattern in place since January 2024.
LNG deliveries through the Agia Triada and Amphitrite terminals reached 32.5 TWh from January through October, up 29.5% from a year earlier and the highest level recorded for those 10 months.
Pipeline imports through Sidirokastro, the entry point for Russian gas, exceeded 17 TWh but fell 26% from the same period in 2025. Supplies entering through Nea Mesimvria via the Trans Adriatic Pipeline totaled 7.3 TWh, down 19.6%.
The analysis said the shift away from Russian pipeline gas toward LNG had continued almost uninterrupted since November 2024, with exceptions in April-May and September-October 2025.
Domestic gas consumption totaled 54.8 TWh over the 10 months, down 3.8% from 2025. Power generation accounted for 70.7% of use, distribution networks 19.8% and industry 9.5%. October consumption fell 14.1% year over year to 4.86 TWh.
Lower import prices narrowed Greece’s gas trade gap
The analysis found that the value of gas imports exceeded exports by 1.96 billion euros ($2.19 billion) in the first eight months of 2026. The net outlay was the lowest for that period in five years and 176.8 million euros ($197.4 million), or 8.3%, below 2025, despite a higher average TTF price. The cost comparison used Eurostat data through August.
Lower import prices helped reduce the bill. The average import price fell to 36.1 euros ($40.30) per megawatt-hour from 38.1 euros ($42.53) a year earlier, generating estimated savings of about 130 million euros ($145.1 million).
Reduced net import volumes accounted for another 47 million euros ($52.5 million) in savings. Exported gas sold for an average of 31.5 euros ($35.16) per megawatt-hour, below the average import price of 36.1 euros ($40.30).
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