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FT: Greece Europe’s Southern Gateway for LNG Imports

FT: Greece Europe’s Southern Gateway for LNG Imports

Hellenic Shipping News

Greece will no longer bankroll the aggressor and must accelerate efforts

Greece will no longer bankroll the aggressor and must accelerate efforts to phase out Russian fossil fuels, Energy and Environment Minister Stavros Papastavrou said in an interview with the Financial Times, as Athens positions itself at the center of Europe’s post-Russian energy strategy.

“We are not going to keep funding the aggressor,” Papastavrou said. “More needs to be done to gradually eliminate Russian fossil fuels. This decoupling will not happen on its own.”

The Financial Times, in an extensive report on Greece’s role in bolstering Europe’s energy security after the sharp reduction in Russian gas imports, said Athens is seeking to establish itself as southern Europe’s main gateway for liquefied natural gas (LNG), particularly from the United States.

Before Russia’s full-scale invasion of Ukraine in 2022, Moscow supplied around 40% of the European Union’s natural gas. By 2024, that share had fallen to roughly 11%, with much of the shortfall covered by U.S. LNG, which now accounts for nearly 60% of the bloc’s LNG imports, the newspaper noted.

Since taking office in 2025, Papastavrou has pushed for closer energy ties with Washington, framing energy cooperation as a bridge in transatlantic relations at a time of heightened tensions

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