By Trieris Shipping Agencies•February 15, 2026•5 min read

Greece is rapidly transforming from a peripheral player in European energy into a core hub for LNG imports and transit. For ship operators, charterers, and agents handling LNG carriers, the implications are significant and immediate.

A New Energy Map

As the EU pushes toward a full ban on Russian gas by late 2027, Greece has emerged as a critical entry point for alternative supplies. Prime Minister Mitsotakis described the shift at a Bloomberg event in March 2026: Greece has moved from the periphery of Europe's energy system to become a core player in southeastern Europe.

Source: Bloomberg / Greek City Times, March 2026

Revithoussa LNG storage tank and regasification infrastructure
Revithoussa's in-ground LNG storage tanks and regasification infrastructure in the Gulf of Megara.

For ship agents and operators working in Greek waters, this transformation has direct implications. Greece now operates two major LNG facilities. Revithoussa, with an expanded capacity of 370,000 cubic meters (including FSU), has bookings secured through 2040. The Alexandroupolis FSRU, operational since October 2024, adds 5.5 billion cubic meters annually, equivalent to roughly 50 tanker deliveries per year.

The US-Greece Energy Corridor

US LNG now dominates EU imports, and Greece sits at the receiving end of this transatlantic corridor. DESFA reported surging deliveries at Revithoussa, with US cargoes forming a growing share. Greek companies, including the DEPA-Aktor joint venture Atlantic Sea LNG Trade, are pursuing 20-year deals for up to 15 billion cubic meters annually.

LNG carrier approaching Revithoussa terminal in the Gulf of Megara
An LNG carrier approaching Revithoussa in the Gulf of Megara. The terminal received 49 LNG carriers in 2025.

A second FSRU at Alexandroupolis (FSRU Thrace), with environmental approval secured and potential US financing from EXIM, aims to double northern capacity by 2028-2030.

Sources: Greek City Times, Global Energy Monitor, DESFA

The Bigger Picture

Eastern Mediterranean energy infrastructure and pipeline map
The Eastern Mediterranean energy corridor: Revithoussa, Alexandroupolis, TAP, IGB, and EastMed pipeline routes.

From a Piraeus-based perspective, the Vertical Corridor pipeline network links Revithoussa and Alexandroupolis northward through Bulgaria and Romania, with extensions planned toward Moldova, Hungary, and Slovakia. Greece is becoming the physical gateway through which regasified LNG flows into landlocked southeastern Europe.

Operational Impact

  • Increased vessel traffic at Revithoussa: 49 LNG carriers in 2025, with growth expected
  • All unloading slots booked through 2035
  • Small-scale LNG bunkering infrastructure under development at Revithoussa for cruise ships and container vessels
  • DESFA's new zero-emission BOG compressor signals tighter environmental standards
  • Greek shipowners continue a wave of newbuilding orders to support growing LNG trade

Sources: DESFA, SAFETY4SEA, Naftika Chronika

Trieris Shipping Agencies acts as a single point of coordination for LNG operations at Revithoussa, managing the full scope of services from arrival to departure. Contact agency@trieris.gr for LNG agency inquiries.

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