The TAP in north Greece. The pipeline starts from the Caspian sea and reaches the coast of southern Italy
Can Greece jump on the gas-transit train?
Greece hopes to exploit natural gas pipelines crossing its territory to export its own volumes to Europe
Greece must wait several years to learn whether the Mediterranean Sea will endow the country with natural gas supplies on a par with those off Egypt. But that doesn't mean that people aren't talking about gas. Far from it. "We are in the middle of huge investment in gas," Greek deputy energy minister Michalis Verroiopoulos told Petroleum Economist. "This is in both international projects and the domestic market. There's a big space for natural gas in Greece." The minister was speaking on the sidelines of a conference, in the port city of Thessaloniki, that focussed on energy market transition and security in south-east Europe. Greece's interest is both in securing diverse and dependable sour
Also in this section
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
6 March 2026
The March 2026 issue of Petroleum Economist is out now!
6 March 2026
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions
