A major increase in long-term LNG deliveries has been agreed between US exporter Venture Global and Greek energy venture Atlantic-SEE LNG Trade, reflecting growing efforts across Europe to secure more stable gas supplies over the coming decades.
Under the revised agreement, Atlantic-SEE will double the volume of liquefied natural gas it purchases from Venture Global. Starting in 2030, the Greek joint venture is expected to receive at least 1 million tons of LNG annually over a 20-year contract period, strengthening long-term supply visibility.
The expanded arrangement supports Atlantic-SEE’s broader strategy to import LNG into Greece and distribute it across Central and Eastern Europe. The company, formed by Aktor Group and DEPA Trade, plans to rely heavily on the Vertical Gas Corridor, an expanding infrastructure network designed to diversify regional gas routes and reduce dependence on traditional suppliers.
The deal reflects a wider European shift toward long-term LNG contracting, as energy companies respond to ongoing market volatility and geopolitical uncertainty. Securing fixed volumes has become a key priority for buyers seeking protection from fluctuations in the spot gas market.
A central role in this supply chain will be played by the Alexandroupoli LNG terminal in northern Greece. Venture Global already controls around 25% of the regasification capacity, giving it a strategic position in delivering US LNG into Southeast European markets.
The strengthened partnership highlights Greece’s growing importance as an energy gateway for the wider region and reinforces efforts to develop alternative supply corridors linking global LNG producers with consumers across Europe.
As infrastructure investment and interconnections continue to expand, the additional LNG volumes are expected to enhance supply flexibility, improve energy security, and strengthen long-term resilience across Central and Eastern Europe.
