A group of twelve Central and Southeastern European countries is preparing to formalize closer energy cooperation with the United States through a joint declaration aimed at strengthening natural gas supply security and improving price stability across the region.
The initiative is expected to support greater inflows of US liquefied natural gas (LNG) into Eastern Europe, contributing to efforts to reduce dependence on Russian pipeline gas. The countries preparing to sign the document include Greece, Bulgaria, Hungary, Poland, Slovakia, Moldova, Ukraine, Croatia, Lithuania, Serbia, and Bosnia and Herzegovina.
The declaration emphasizes the importance of making regional gas markets more efficient and financially sustainable. It calls for maximizing the use of existing pipelines and LNG terminals, expanding infrastructure where necessary, and eliminating regulatory barriers that limit competition or discourage imports. Ensuring long-term predictability in cross-border gas trade is also identified as a key objective.
The agreement will be signed during a Transatlantic Summit dedicated to gas supply security. Participating governments are expected to underline their shared intention to strengthen Europe’s energy resilience by diversifying sources, enhancing cooperation with reliable partners, and gradually removing Russian gas from their energy balances.
A central pillar of the strategy is the development of the Vertical Gas Corridor, a transmission axis designed to transport LNG volumes from southern entry points across the region.
