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Natural Gas Trade

Among DEPA's strategic goals are the uninterrupted supply of natural gas at competitive prices, as well as the development and provision of all kinds of new applications and services for the use of natural gas.

DEPA is committed to meeting the needs of its customers and providing flexibility in their energy choices by ensuring direct access to natural gas, under the applicable regulatory framework.

DEPA is the direct supplier of natural gas to the following categories of consumers:

  • Power producers
  • Large industrial consumers
  • Natural gas suppliers and wholesale companies
  • Small industrial and commercial consumers

Additionally, in the field of natural gas-powered vehicles, DEPA provides gas for fueling the urban public transport (OSY) bus fleet, municipal refuse trucks, and private vehicles.

DEPA continuously examines new technologies and new areas of commercial activity. Particular interest is shown in applications such as:

  • Use of natural gas in cogeneration of power – heating and cooling
  • Use of natural gas in greenhouse units
  • Supply of remote areas with Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG)

Natural Gas Supply

DEPA COMMERCIAL is the main importer of pipeline gas and Liquefied Natural Gas (LNG) in Greece, having more than 25 years of experience in the Greek market, which allows it to achieve the optimum match between international supply and domestic demand.

The strategic goal of DEPA Commercial is to continuously provide its customers with sufficient quantities of natural gas at competitive prices and to ensure the security of supply from reliable and diversified sources. In particular, during the recent energy crisis, DEPA worked methodically in order to guarantee the uninterrupted supply of the Greek natural gas market.

DEPA has long safeguarded the uninterrupted supply of gas to the Greek market through its long-term gas supply contracts, intentional diversification of sources and routes and trustworthy co-operation with some of the largest producers of natural gas in the world.

This has been achieved, thanks to the long-term natural gas supply contracts that DEPA has signed, the variety of sources and routes it uses, and the relationships of trust it enjoys after more than 20 years of cooperation with the largest producers-suppliers worldwide.

DEPA Commercial has signed long-term pipeline gas supply contracts with the Russian company Gazprom Export and the Azeri AGSC (Azerbaijan Gas Supply Company). Also, DEPA has a long-term partnership with the Algerian company Sonatrach, from which it has been supplying quantities of LNG for 25 years.

Imports from Gazprom Export are taking place at the interconnection point at Strymonochori Sidirokastro, in the Greek-Bulgarian border. Since the end of 2020, DEPA Commercial receives pipeline gas from AGSC at the interconnection point of the transit pipeline TAP and Nea Messimvria.

In addition, DEPA Commercial purchases LNG quantities from the global spot market, when these are available at competitive prices for its customers, while ensuring the security of supply of the Greek market. These supplies concern LNG that has mainly been produced and liquefied in the USA and to a lesser extent in other countries such as Qatar, Egypt, Nigeria and others. The LNG deliveries take place at Revythousa LNG Terminal, in the bay of Megara and the new FSRU of Alexandroupolis.

At the same time, DEPA Commercial closely monitors the global gas market, and works to build new contractual relationships, particularly regarding East Mediterranean supplies, but also in other regions like USA.

DEPA is actively engaged in the Hungarian, Italian and Austrian Energy Exchange (CEEGEX, GME and EEX).


Company Source (pipeline and LNG)
Gazprom Export Russia
AGSC Azerbaijan
Spot suppliers (pipeline and LNG)

DEPA’s contribution to security of supply


DEPA has long safeguarded the uninterrupted supply of gas to the Greek market through its long-term gas supply contracts, intentional diversification of sources and routes and trustworthy co-operation with some of the largest producers of natural gas in the world.

DEPA monitors and participates actively in the developments of the global gas market, in order to exploit them for the benefit of its customers. In this framework the company is in constant contact with its international suppliers to ensure that the terms of its long-term contracts correspond to its customers’ economic reality, thus supporting actively their sustainability.

Moreover, DEPA is being present in the global spot market, in order to ensure profitability for its clients, and also to ensure the sufficient supply of the Greek market in case of increased demand.

DEPA strives constantly to improve security of supply though diversification of sources and routes of importing gas. Thus DEPA develops significant projects like pipelines like IGI Poseidon (offshore connection between Greece- Italy), IGB (Interconnector Greece-Bulgaria) and East Med (offshore connection of East Mediterranean gas fins with Greece) and a new LNG terminal in Northern Greece. These projects improve the security of supply in Greece and in wider region, in full alignment with European Union directives.


Commercial Transactions Division is entrusted with the comprehensive management of the gas portfolio, the optimum use and extension of transmission, distribution networks and storage facilities, gas exchanges and of the operational management risks of DEPA Commercial S.A.

A broader objective of the Division is to provide added value to the commercial activities of the company, thus enhancing the returns of the corporate gas portfolio and minimizing, to the utmost degree possible, risks that may arise from each transaction. Practically, Commercial Transactions Division contributes to the enhancement of the decision making process in matters of gas portfolio management, supply, transport of gas and commercial transactions. The utilization of available information and technical forecasts, forms a major characteristic of Commercial Transactions Division, with the employment of advanced analytical instruments and assessment, analysis and risk hedge techniques and in depth understanding of regulatory framework, so as to be achieved a better return from a widely diversified portfolio.

Furthermore, for security of supply reasons, Commercial Transactions Division secures alternative supply routes, through long term capacity bookings through the Greek and adjacent IP’s and through Revythoussa and Alexandroupolis Regassification Units.

During last years, Commercial Transactions Division strongly supports commercial activities of Depa Commercial S.A, through the development and use of a large number of upstream Transmission System Operator Networks, such as ICGB AD, BULGARTRANSGAZ EAD, TRANSGAZ, GASTRANS NOVI SAD, EUSTREAM, TAP, SNAM, UKRTRANSGAZ JSC, LC OPERATOR GTS OF UKRAINE, VESTMOLDTRANSGAZ.


Natural gas is rapidly penetrating the power generation sector in Greece following the liberalization of the electricity and natural gas markets.

Combined cycle gas turbine (CCGT) power plants and combined heat and power (CHP) systems are the optimal choice in terms of energy savings, production costs, and environmental impact.

The industrial sector includes consumers with annual consumption equal to or greater than 2,200,000 kWh of Higher Calorific Value of natural gas (approximately 200,000 Nm ³ annually), engaged in production or processing of products.

In industry, natural gas offers increased efficiency with fewer emissions, while numerous small and large enterprises use natural gas as an effective means to reduce operating costs and upgrade their production process, and thus the quality of their final products.

Natural gas can be used for either thermal or chemical purposes (as a raw material for industry), or in Combined Heat and Power (CHP) systems, which simultaneously produce usable electric and thermal energy. The produced energy can be used for heating, cooling, or air conditioning.

Today, natural gas is used for combined heat and power generation in industries including food, metallurgy, and textiles, in large greenhouses, as well as in the large commercial sector (hospitals, hotels).


In the commercial sector, all the capabilities of natural gas are highlighted through its diverse range of uses, from heating and cooling spaces to producing hot water, food preparation, and combined heat and power generation.

It is worth noting that today General Hospitals, large Hotel Units, and a multitude of commercial enterprises are supplied with natural gas.


The benefits of natural gas, both environmental and economic, are worldwide recognized. According to recent estimations, natural gas vehicles on a global scale are 11.5 million, while in Europe, over 1.5 million vehicles use natural gas.

The European Union proposes governments to offer incentives for natural gas to be used as fuel, to reduce dependence on oil and protect the environment.

DEPA has recently been developing the necessary infrastructure for the refueling of gas-powered vehicles, and today 600 public transportation buses (former ETHEL) (20% of the OASA [Athens Urban Transport Organisation] buses) and 102 municipality garbage collection vehicles use natural gas as fuel.

DEPA has two refueling stations in Attica, in the areas of Anthousa and Ano Liosia. Their capacity reaches 5,000 cubic meters/hour (Nm3/h), ranking them among the largest in Europe. Both, Anthousa and Ano Liosia Stations are operating as retail stations for the refueling of professional and private use vehicles with natural gas or dual fuel motor. Below you can see the price of natural gas which is updated every week.

Retail stations for the refueling of professional and private use vehicles with natural gas or dual fuel motor are operating in Attica: Kifisia (264, Kifisias Avenue); Nea Philadelphia (8th km of Athens – Thessaloniki National Road, direction towards Lamia), in Thessaloniki at Pylaia (128, Georgikis Scholis Avenue) and Nea Magnisia (136, Konstantinou Karamanli Street, Ionia), in Larisa (Volos Street 65) and Volos (Larissa Street 202).

DEPA’s future plans for further penetration of natural gas as a fuel in Greece include the installation of Compressed Natural Gas (CNG) Pumps in Stations in the big cities. Also, there is a collaboration with the Municipality of Thessaloniki to promote the use of natural gas as a fuel for the vehicles in Thessaloniki by entering into a Memorandum of Collaboration signed between the Municipality and DEPA.

To see the retail stations please follow the link