As Europe moves away from Russian gas, Greece is emerging as a crucial entry point for American liquefied natural gas (LNG).
With the EU aiming to phase out Russian energy imports completely by 2028, the country has been quick to reposition itself as a hub for alternative supplies.
Greece’s geography and upgraded infrastructure have made it a key link in the region’s new energy map. The so-called “Vertical Gas Corridor” connects Greece with Bulgaria, Romania, Hungary and Slovakia, allowing gas arriving by ship in Greece to be piped north into Central and Eastern Europe. This network is helping countries in the region cut their dependence on Russian energy.
Two main sites make this possible, the LNG terminal at Revithoussa near Athens and a newer floating terminal in Alexandroupolis in northern Greece. Together, they can handle large volumes of imported LNG and convert it back into gas for domestic and regional use.
According to official data, shipments of US LNG now make up more than 80 per cent of Greece’s total LNG imports, while Russian pipeline gas has dropped from around 60 per cent to less than half of the country’s supply.
For Greece, the shift brings both economic opportunity and political weight. By becoming a key transit route for US gas into Europe, it strengthens its position in regional energy security and diplomacy.
For neighbouring countries, the benefits are clear, more reliable and diverse energy supplies, and less exposure to the instability of Russian gas routes.
Energy analysts say that as more terminals and pipelines come online across southern Europe, competition among suppliers could increase, potentially easing prices for consumers over time.
What is clear is that Europe’s energy landscape is changing fast. Russia is no longer the dominant player, and Greece is stepping up, not only to secure its own supply but also to keep gas flowing across the region from new, more stable partners.
