An agreement has been signed between DEPA Commercial and Naftogaz for the supply of American LNG to Ukraine from December 2025 to March 2026. The signing took place in Athens during the visit of Ukrainian President Volodymyr Zelenskyy, in the presence of Prime Minister Kyriakos Mitsotakis and U.S. Ambassador Kimberly Gillfoyle.

This agreement represents a critical contribution to regional and European energy security and resilience, supporting Ukraine during a difficult winter. Greek government sources emphasize that Greece’s vital energy infrastructure ensures stable gas flows along the Vertical Corridor.

The deal outlines the transportation of liquefied natural gas (LNG) from the United States via “Route 1,” a network operated jointly by the transmission system operators of Greece, Bulgaria, Romania, Moldova, and Ukraine. This collaboration between DEPA Commercial and Naftogaz aims to diversify supply sources and routes, enhancing energy solidarity and strengthening regional security.

Konstantinos Xifaras, CEO of DEPA Commercial, highlighted that the agreement provides a “bridge of energy” between Greek and Ukrainian infrastructures, supporting broader European energy resilience. The supply of American LNG will be managed through ATLANTIC – SEE, a company in which DEPA holds a 40% stake, underscoring DEPA’s commitment to delivering practical and secure energy solutions throughout Southeast Europe.

Sergii Koretskyi, CEO of Naftogaz, noted that the agreement opens a reliable new import route for the upcoming winter, expanding Ukraine’s supply geography to ensure dependable heating for its citizens and strengthen energy security across the region. He expressed gratitude to DEPA Commercial and acknowledged the Ukrainian government’s role in making the deal possible.

Naftogaz is Ukraine’s leading vertically integrated energy company and a cornerstone of the country’s energy security. Its operations span exploration, production, transportation, storage, wholesale and retail supply of gas and oil, as well as electricity and heat generation. The company’s strategy focuses on diversifying supply sources and routes, actively participating in international gas markets, and investing in renewable energy such as photovoltaics, small-scale LNG, green hydrogen, and biomethane. Naftogaz aims to establish Ukraine as a reliable energy hub while supporting a sustainable energy transition.

DEPA Commercial is one of Greece’s most advanced and comprehensive energy groups, playing a key role in shaping the domestic energy market and serving as a pillar of national energy security. Its portfolio includes gas supply and trading, electricity, power generation, renewables, and alternative fuels like hydrogen, biomethane, and small-scale LNG. Its strategic focus lies on diversifying sources and routes, maintaining a flexible LNG portfolio, and having an active international presence. Through the ATLANTIC – SEE LNG TRADE joint venture, DEPA strengthens regional LNG trading and energy interconnections while investing in electricity generation and green transition, shaping Greece’s energy future.