US eager to advance energy ties with Greece, new ambassador says
Published by Global Banking and Finance Review
Posted on November 5, 2025
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking and Finance Review
Posted on November 5, 2025
ATHENS (Reuters) -The United States is eager to advance energy ties with Greece and see the country become a key energy gateway to Europe, the new U.S. ambassador to the country, Kimberly Guilfoyle, said on Wednesday.
Greece has ramped up purchases of U.S. liquefied natural gas and built a second LNG terminal as it seeks to establish itself as a major transit route for U.S. imported gas into Europe.
European states are due to wean themselves off Russian gas from 2027 under new sanctions against Moscow for its war in Ukraine.
U.S. Energy and Interior Secretaries Chris Wright and Doug Burgum, senior executives of major U.S. energy companies and energy ministers from central Europe were expected to participate in a U.S.-led conference in Athens this week to discuss energy security and infrastructure investment.
Guilfoyle said the so-called Vertical Gas Corridor - a gas transportation scheme backed by Greece, Ukraine, Moldova, Slovakia, Bulgaria, Romania and Hungary - would bring energy security. It aims to allow increased flows of imported LNG from Greek terminals northwards into central Europe and Ukraine, via the underused Transbalkan pipeline.
The U.S. will have the chance to sell more gas to Europe following a trade deal in July where Europe pledged to buy $250 billion in U.S. energy - oil, liquefied natural gas and nuclear technology - annually for the next three years.
(Reporting by Angeliki KoutantouEditing by Alexandra Hudson)