ATLANTIC SEE LNG TRADE Doubles LNG Volumes from the US through an expanded agreement with Venture Global
12 June 2026
20-year long-term agreement for the supply of 1 million tonnes of LNG per annum from 2030
Paiania, 12 June 2026.
Atlantic SEE LNG Trade S.A., the joint venture in which AKTOR Group holds a 60% stake and DEPA Commercial a 40% stake, announces the expansion of its existing long-term Liquefied Natural Gas (LNG) Sales and Purchase Agreement (SPA) with Venture Global, a leading U.S. LNG exporter.
Under the agreement, Atlantic SEE LNG Trade doubles the contracted LNG volumes it will purchase from Venture Global, from a minimum of 0.5 million tonnes per annum (MTPA) to 1 million tonnes per annum (MTPA), equivalent to 1.3 billion cubic metres (bcm) of natural gas, for a period of 20 years commencing in 2030.
This development significantly strengthens the company’s long-term supply strategy and contributes to the establishment of a reliable and diversified supply framework for the markets of Southeast and Central Europe.
Xifaras: “From vision to implementation”
ATLANTIC SEE LNG TRADE Chairman and DEPA Commercial Chief Executive Officer Konstantinos Xifaras stated:
“The expansion of this long-term LNG agreement marks the transition from vision to implementation. By doubling the volumes secured under the agreement, we are strengthening a reliable supply framework capable of responding to the region’s evolving energy needs. This agreement makes a substantial contribution to the diversification of supply sources and the resilience of the European energy system by providing access to additional LNG volumes from the United States. At the same time, it confirms that Greece now has the infrastructure and strategic partnerships required to serve as a key gateway for U.S. LNG into Southeast and Central Europe, supporting secure and stable energy supplies across the region in the years ahead.”
Exarchou: “We are strengthening a new energy corridor for Europe”
ATLANTIC SEE LNG TRADE Chief Executive Officer and AKTOR Group Chairman and Chief Executive Officer Alexandros Exarchou stated:
“The expansion of our commercial agreement with Venture Global reflects both the ambition and the strong foundations of our long-term strategic planning in the LNG sector, as well as the significant opportunities created by the Vertical Corridor to strengthen energy security and diversify supply sources across Central and Eastern Europe.
At the same time, it highlights the steadily growing energy cooperation between Greece and the United States, to the benefit of the entire region.
The agreement highlights the value of long-term partnerships and confirms the increasingly important role of transatlantic energy cooperation in strengthening energy security and the resilience of markets across the wider region.
About AKTOR Group
AKTOR Group of Companies is a leading market player in Southeast Europe, leveraging 70 years of experience to deliver large-scale construction and infrastructure projects while strategically investing in key sectors of the economy, including LNG, green energy, concessions and Public-Private Partnerships (PPPs), real estate and integrated facility management. AKTOR Group’s mission is to drive progress across the sectors in which it operates, creating value for its shareholders and society, contributing to growth and prosperity, and improving people’s lives towards a sustainable future.
About DEPA Commercial
DEPA Commercial is steadily implementing its strategy to transform into a diversified energy group, with an investment programme exceeding €250 million for the 2025–2028 period, focused on infrastructure, power generation and renewable energy sources. At the same time, the company is strengthening its international presence in the natural gas and LNG markets through its participation in strategic projects such as the Vertical Corridor, which contribute to Greece’s energy security and international outreach.
