Business & Economics
Athens-Kyiv Deal Activates Vertical Corridor for U.S. LNG to Ukraine
On 17 Nov 2025 Greece’s DEPA and Ukraine’s Naftogaz finalised a pact to send American LNG through the Balkan “Vertical Corridor” to Ukraine from December to March, creating its first non-Russian winter gas route of the war.
Focusing Facts
- Letter of intent signed in Athens on 17 Nov 2025 covers U.S. LNG deliveries to Ukraine between 1 Dec 2025 and 31 Mar 2026 via Greece–Bulgaria–Romania–Moldova pipelines.
- Zelensky said Kyiv has arranged about €1.9 billion in European-backed financing to pay for the imports.
- Cargoes will be handled by ATLANTIC-SEE, a new DEPA subsidiary, at the Alexandroupolis LNG terminal before entering the corridor.
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Perspectives in this article
- Greek economic and energy-focused media
- International liberal-leaning outlets
- Investigative/business press and war-blog commentary