LNG
Greek News
Florida Rep. Gus Bilirakis Highlights Importance of Greece as Energy Hub
On Monday, Greek-American Congressman Gus Bilirakis hailed the Greece-US energy alliance and noted that what is good for Greece, Cyprus, and Israel is also good for the US.
In a video message to the 33rd Greek Economic Summit taking place...
Economy
Greece Becomes a European Hub for Liquefied Natural Gas
Greece is becoming a European hub of liquefied natural gas (LNG) as demand grows in the wake of the war in Ukraine, PM Kyriakos Mitsotakis told an international conference on LNG held in Athens on Wednesday.
Mitsotakis presented the new infrastructures...
Energy
Biden, EU Agree Gas Deal to Curb Reliance on Russia
US President Joe Biden and the EU President Ursula von der Leyen announced on Friday a major deal on liquified natural gas, in an attempt to reduce Europe's reliance on Russian energy.
The agreement will see the US provide the...
Business
Greek Shipowners Rule Global LNG Carrier Market
Greek shipowners control more than 22% of the global liquid natural gas (LNG) carrier fleet in deadweight tonnage terms, says a new report from the consultancy firm VesselsValue.
The report says that the Greek-owned fleet consists of 135 LNG tankers,...
Energy
Greece in Race to Reduce Energy Dependence on Russia
Greece is in a race to reduce energy dependence on Russia following Moscow's invasion of Ukraine, Prime Minister Kyriakos Mitsotakis said on Tuesday.
Speaking in Parliament Mitsotakis said: “We cannot rule out attempts by Russia to blackmail. We all realize...
Diplomacy
US Ambassador Vows to Strengthen US-Greece Strategic Relationship
“The cooperation between Greece and the United States must become even stronger and I know that it is President Biden’s intention to further deepen the Greek-American strategic relationship,” stated US Ambassador to Greece Geoffrey Pyatt on Wednesday.
The ambassador made...
Energy
Greek Tanker Owners Still Dominate Shipping World Despite "Catastrophic" 2020
The economic publication New Money rates Greek shipowners as still the most dominant group in the world of shipping, according to a new article, despite the widespread economic devastation wreaked by the coronavirus lockdowns this year.
Despite acknowledging that shipping as...
Energy
Import of U.S. Liquefied Natural Gas to Greece Begins
The first batch of US liquefied natural gas (LNG) will be delivered to Greece near the end of the year as part of an agreement between Greek gas corporation DEPA and the U.S.' Cheniere Energy, the Greek Environment and Energy...
Greece
M&M Gas Exports First Gas from Greece to Bulgaria
The Greek independent gas company, M&M Gas has become the first independent gas company in Greece to exported gas to Bulgaria, according to hellenicshippingnews.com.
The small volumes that were sold on a test basis is a part of a deal following an...
Cyprus
Cypriot Energy Minister: Signing a Memorandum with Egypt an Important Step
Upon his arrival in Egypt on Monday afternoon, Cypriot Energy Minister Giorgos Lakkotrypis underlined that the exploitation of the island's gas resources from block 12 of its Exclusive Economic Zone (EEZ) will be undertaken by using Egypt's existing gas infrastructure...