Back to today’s briefing

Story perspectives

Greece Targets LNG Hub Status, Faces Transit Challenges

2/24/2026

35 4 Full Breakdown

Summary

Story summary

Greece aims to become a key LNG hub for Europe by 2027, replacing Russian gas and expanding the Revithoussa terminal to deliver US LNG to the Balkans.
Energy Minister Stavros Papastavrou said Greece must phase out Russian fossil fuels.
Challenges include high transit tariffs and bottlenecks in the Vertical Corridor pipeline system.
Critics warn Europe may trade one dependency for another by relying on US gas.

1 of 1

Story summary

Greece aims to become a key LNG hub for Europe by 2027, replacing Russian gas and expanding the Revithoussa terminal to deliver US LNG to the Balkans.
Energy Minister Stavros Papastavrou said Greece must phase out Russian fossil fuels.
Challenges include high transit tariffs and bottlenecks in the Vertical Corridor pipeline system.
Critics warn Europe may trade one dependency for another by relying on US gas.