en.Wedoany.com Reported - Atlantic-Southeast Europe LNG Trading Company of Greece and U.S.-based Venture Global have expanded their existing long-term supply agreement, committing to increase U.S. LNG procurement from no less than 500,000 tons per year to 1 million tons per year starting in 2030, with a contract duration of 20 years. This Greek LNG procurement arrangement will serve the natural gas receiving and transshipment needs of Greece and surrounding markets.

Atlantic-Southeast Europe LNG Trading Company is jointly established by Greece's AKTOR Group and DEPA Commercial. Under the expanded agreement, the relevant LNG procurement volume has doubled compared to the original contract, with supply sourced from Venture Global's LNG projects in the United States. Venture Global has previously invested in the regasification capacity of the Alexandroupolis LNG import terminal in Greece, accounting for approximately 25% of the terminal's total capacity.

This long-term supply agreement continues the procurement arrangement previously signed by both parties. The project will leverage Greece's LNG receiving facilities and regional transmission corridors to establish a stable supply route targeting Central and Eastern European markets. With the annual procurement volume increased to 1 million tons, the scale of Greek LNG procurement will further expand, providing new contractual support for long-term fuel procurement and terminal utilization.

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