A strong signal cementing the strategic alliance between the USA and Greece in the energy sector and infrastructure, following agreements for purchasing and reselling American LNG in Southeast Europe, was sent through the invitation to AKTOR Group CEO Alexandros Exarchou and his joint photo with American President Donald Trump at the Kennedy Center, where the cream of the US business world and select European guests participated.
Read: Alexandros Exarchou at Kennedy Center: Donald Trump’s guest for energy agreements
Photos of President Trump with his guests were released to the public and among them stands out the “Greek presence” of the president and CEO of AKTOR Group and vice president of the Atlantic See LNG Trade SA consortium, established with DEPA Trading’s participation.
New LNG deals and negotiations with major suppliers
Also invited to this major event was Greece’s Minister of Environment and Energy, Stavros Papastavrou, who has played a central role in establishing our country as an energy hub for natural gas transmission to Europe, while completing demanding agreements for hydrocarbon exploration and extraction in Greek maritime deposits with giants Chevron and Exxon Mobil.
According to a Hellas Journal report, two new high-level meetings in Washington are expected in the coming period with all parties – Americans, Greeks and other Europeans – to accelerate procedures, with Alexandros Exarchou representing our country. During his recent visit to the United States, the AKTOR head conducted a series of contacts in the American capital with high-ranking officials and close collaborators of the Trump administration, as well as natural gas production companies, focusing on expanding US-Greece cooperation for LNG supply.
Discussions focused both on implementing already signed agreements and on next steps, which will include new deals between the US and Greece. AKTOR’s stated goal is to close new agreements with at least 2-3 more major suppliers to satisfy American LNG demand, with negotiations currently underway.
Sources familiar with Washington discussions mention expanding the American liquefied natural gas transmission network to other Northern European countries, not just Ukraine and Romania.
In this context, the issue of infrastructure expansion was also discussed, with the US expected to participate in financing. It should be noted that the American side has expressed in the clearest way its desire for new investments in Greek ports, with Elefsina being at the forefront.
Bridge agreements until 2030 and the 2025-2030 business plan
Within the framework of launching negotiations for €140 million bonds that AKTOR Group raised for the first time, Alexandros Exarchou described how the LNG trading agreements he has already concluded and those being negotiated function as a catalyst not only for accelerating independence from construction, but also for establishing it as a new pillar, with a pivotal role in Washington’s plan for energy dominance in Central and Southeast Europe. A plan that AKTOR promotes both through 20-year agreements starting in 2030 for American LNG supply that will replace Russian gas in the region, and through bridge agreements for the interim period from today until the end of the decade, which is the horizon of the updated 2025-2030 business plan.
As AKTOR’s CEO emphasized, for long-term deals covering the 2030-2050 period, there will be a clear horizon by the end of January 2026, regarding both American LNG sellers and gas buyers and their countries of origin, located along the Vertical Corridor axis.
Published in Apogeumatini