The military tension in the Middle East does not currently appear to be directly affecting the Greek natural gas market, as the LNG cargoes supplying the country come mainly from international suppliers such as the US.

DESFA’s management also noted that the gas volumes already secured through contracts are sold at “locked-in” prices, meaning that current fluctuations in natural gas prices do not affect these supplies.

At the same time, the operator said that discussions on the development of the Vertical Gas Corridor to Eastern Europe are progressing normally. Talks are also ongoing with the Vardinoyannis Group’s Canal Gas regarding the new FSRU planned for Agioi Theodoroi.

According to DESFA’s new CEO, Maria Sferruzza, who spoke yesterday during her first informal meeting with journalists, there are currently no logistical issues in the transport of natural gas, while no major changes in international prices have been recorded so far.

However, she warned that the situation could change if the crisis persists for a longer period. “I hope the current problem will not last more than a month. If it continues beyond that, it would be very bad from an energy perspective,” she said.