A delegation of the GTS Operator of Ukraine led by its General Director Dmytro Lyppa met with representatives of the Greek state corporation DEPA, the largest importer and supplier of gas for the Greek industry.

During the meeting, the parties discussed prospects for more active use of Ukraine’s gas transportation system for temporary storage of Greek gas in Ukrainian underground gas storage facilities. In this context, the discussion primarily focused on diversification of gas transportation routes between Greece and Ukraine, primarily through the development of the Trans-Balkan Corridor. GTSOU and DEPA particularly dwelled on the technical and commercial challenges associated with the expansion of the gas pipeline’s capacity, overcoming which would contribute to the growth of its commercial attractiveness. Finally, the parties agreed to coordinate efforts on the said issues with other potential stakeholders, including Bulgarian, Romanian and Moldovan gas companies.

“During 2023, the volume of energy resources transported via the Trans-Balkan Corridor from Europe’s South to North reached 553 mcm. Apart from that, the Trans-Balkan Corridor is a strategically important link connecting Ukraine with the Southern European LNG market. Therefore, development of this route is an important window of opportunity for Ukraine, both in the sense of commercial strategy and in the context of energy security,” – GTSOU’s General Director Dmytro Lyppa emphasised.