{"id":20188,"date":"2025-11-16T15:05:43","date_gmt":"2025-11-16T13:05:43","guid":{"rendered":"https:\/\/www.depa.gr\/?p=20188"},"modified":"2026-08-05T17:21:41","modified_gmt":"2026-08-05T14:21:41","slug":"depa-commercial-and-naftogaz-sign-natural-gas-letter-of-intent-for-winter-2025-2026","status":"publish","type":"post","link":"https:\/\/www.depa.gr\/en\/depa-commercial-and-naftogaz-sign-natural-gas-letter-of-intent-for-winter-2025-2026\/","title":{"rendered":"DEPA Commercial and Naftogaz sign Natural Gas Letter of Intent for Winter 2025\u20132026"},"content":{"rendered":"<p><strong>Athens, November 16th, 2025. <\/strong><\/p>\n<p>DEPA Commercial and Naftogaz of Ukraine signed today a Letter of Intent to supply natural gas to the market of Ukraine for the winter period between December 2025 and March 2026, marking a tangible step in strengthening regional energy cooperation and advancing Europe\u2019s energy security architecture.<\/p>\n<p>&nbsp;<\/p>\n<p>Under the framework of the prospective agreement, LNG volumes originating from the United States are expected to be transported through \u201cRoute 1\u201d, offered jointly by the gas transmission system operators (TSOs) of Greece (DESFA), Bulgaria (Bulgartransgaz), Romania (Transgaz), Moldova (VestMoldTransgaz), and Ukraine (GTSOU).<\/p>\n<p>&nbsp;<\/p>\n<p>The two state-owned companies, DEPA Commercial and Naftogaz of Ukraine, through this agreement join their forces in a highly competitive and constantly evolving environment for the European energy market, in which energy solidarity and Greece\u2019s critical energy infrastructure enhance regional energy security and ensure stable natural gas flows along the Vertical Corridor.<\/p>\n<p>&nbsp;<\/p>\n<p>Mr. Konstantinos Xifaras, CEO of DEPA Commercial, emphasized:<\/p>\n<p>\u201cToday\u2019s signing of the Letter of Intent between DEPA Commercial and Naftogaz represents a substantial contribution to regional energy cooperation and market integration at a critical time. The delivery of natural gas to Ukraine through a reliable, multi-country corridor constitutes an \u2018energy bridge\u2019 between the infrastructures of Greece and Ukraine, supporting broader European energy resilience. The supply of U.S. LNG will be facilitated through ATLANTIC\u2013SEE, in which DEPA holds a 40% stake, underlining the company\u2019s commitment to providing practical and secure energy solutions across Southeast Europe.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Mr. Sergii Koretskyi, CEO of Naftogaz, highlighted:<\/p>\n<p>\u201cThis agreement opens for us another reliable direction for imports for the upcoming winter. We are consistently expanding the geography of supplies to guarantee stable heating for Ukrainians and to strengthen the energy security of the entire region. I thank DEPA Commercial for their readiness to move forward together. Sincere gratitude to the President of Ukraine and the Government for making this agreement possible.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Naftogaz Group is Ukraine\u2019s leading vertically integrated energy company and a cornerstone of the country\u2019s energy security. Its portfolio spans natural gas and oil exploration and production, transmission and storage, wholesale and retail supply, and power and heat generation. Central to its strategy is diversifying energy sources and supply routes, leveraging pipelines and storage via Ukrtransgaz, while Naftogaz Trading actively engages in global spot and long-term gas markets. The company invests in renewable energy, including solar PV, small-scale LNG, green hydrogen, and biomethane, strengthening Ukraine\u2019s role as a reliable energy hub and shaping a sustainable, future-ready energy system.<\/p>\n<p>&nbsp;<\/p>\n<p>DEPA Commercial is a modern, vertically integrated energy group at the forefront of Greece\u2019s evolving energy landscape and a key pillar of national energy security. Its dynamic portfolio spans natural gas supply and trading, electricity, power generation, renewable energy, and alternative fuels including hydrogen, biomethane, and small-scale LNG. Central to its strategy is diversifying gas sources and routes, with a flexible LNG portfolio and global market participation. Through the recent joint venture ATLANTIC \u2013 SEE LNG TRADE, DEPA enhances regional LNG trading and interconnections. The company also invests in power generation and the green transition, shaping Greece\u2019s energy future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Athens, November 16th, 2025. DEPA Commercial and Naftogaz of Ukraine signed today a Letter of Intent to supply natural gas to the market of Ukraine for<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":14194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,37],"tags":[],"class_list":["post-20188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DEPA Commercial and Naftogaz sign Natural Gas Letter of Intent for Winter 2025\u20132026 - DEPA COMMERCIAL S.M.S.A.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.depa.gr\/en\/depa-commercial-and-naftogaz-sign-natural-gas-letter-of-intent-for-winter-2025-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEPA Commercial and Naftogaz sign Natural Gas Letter of Intent for Winter 2025\u20132026 - DEPA COMMERCIAL S.M.S.A.\" \/>\n<meta property=\"og:description\" content=\"Athens, November 16th, 2025. 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