In a new announcement regarding a strategic move that strengthens Greece’s position as a regional energy hub, the AKTOR Group and DEPA Commercial have jointly proceeded. The joint establishment of the company ATLANTIC – SEE LNG TRADE S.A. focuses on the purchase, import, and trading of liquefied natural gas (LNG) in Greece and abroad.
Managing Director of ATLANTIC – SEE LNG TRADE S.A. and head of the AKTOR Group, Mr. Alexandros Exarchou, noted that the new partnership marks the Group’s entry into the energy sector, within the framework of its broader transformation: “International and geopolitical realignments create historic opportunities that drive us to turn even more towards the energy market. The strategic partnership with DEPA Commercial highlights Greece’s role in Europe’s energy landscape and leverages the new opportunities brought by economic conditions.”
For his part, Chairman of the new company and Managing Director of DEPA Commercial, Mr. Konstantinos Xifaras, emphasized that the initiative “is part of DEPA Commercial’s outward-looking strategy and its expansion into the natural gas markets of Southeast Europe,” stressing that it is a “strategic step that strengthens the company’s export orientation and upgrades Greece’s role as a reliable energy hub.”
The announcement from AKTOR and DEPA Commercial
The AKTOR Group and DEPA Commercial have proceeded with the establishment of ATLANTIC – SEE LNG TRADE S.A., which aims to purchase and import liquefied natural gas (LNG) in Greece and further sell it outside Greece. Within its business strategy framework, it is already examining and evaluating suitable business collaboration opportunities to achieve its objectives.
Mr. Konstantinos Xifaras was appointed Chairman of the Board, Mr. Alexandros Exarchou as Managing Director, and Messrs. Anastasios Aranitis, Konstantinos Adamopoulos, and Konstantinos Karagiannakos as members. In the new company, the AKTOR Group participates with a 60% stake and DEPA Commercial with a 40% stake, respectively.
Mr. Konstantinos Xifaras, Chairman of ATLANTIC – SEE LNG TRADE S.A. and Managing Director of DEPA Commercial, stated: “The establishment of ATLANTIC – SEE LNG TRADE is part of DEPA Commercial’s strategy to strengthen its outward orientation and regional presence. Through this partnership, DEPA Commercial substantially extends its footprint in Southeast Europe’s natural gas markets, contributing to supply source diversification and strengthening energy security in the region. This is a strategic step that strengthens the company’s export orientation and upgrades Greece’s role as a reliable and stable energy hub in the broader region.”
Mr. Alexandros Exarchou, Managing Director of ATLANTIC – SEE LNG TRADE S.A. and Chairman and Managing Director of the AKTOR Group stated: “The AKTOR Group is decisively implementing its corporate transformation and a major investment program aimed at expanding into new business sectors. The broader international and geopolitical realignments create certain historic opportunities and drive us to turn even more towards the energy market with the goal of further developing and strengthening the AKTOR Group. In this effort, the strategic partnership with DEPA Commercial is extremely important, a strong partner with long experience and expertise in the natural gas field, and highlights Greece’s potential to play a central role in Europe’s energy landscape, leveraging market opportunities brought by new international economic conditions.”
The AKTOR Group of Companies is a leading market player in Southeast Europe that leverages 70 years of experience to implement large-scale technical projects and strategically invests in economic sectors such as green energy, concession and PPP projects, real estate, and integrated facility management. The AKTOR Group’s mission is to become a driving force in the fields where it operates, generating value for its shareholders and society, contributing to progress and prosperity, and upgrading people’s lives towards a sustainable future.
For its part, DEPA Commercial continues consistently with its strategy to transform into a multidimensional energy group within a particularly competitive energy environment. Its investment program, worth over 250 million euros for the 2025-2028 period, focuses on infrastructure, power generation, and renewable energy sources, while the company simultaneously strengthens its position in international natural gas and LNG markets.
With participation in strategic projects such as the Vertical Corridor – which ensures natural gas flow from Greece to Bulgaria, Romania, and Ukraine through existing and developing interconnections like the Alexandroupolis FSRU, the company actively contributes to the country’s energy security and outward orientation. Simultaneously, it promotes commercial agreements that enhance cross-border natural gas flow and expand the Greek market’s connection with international LNG markets.
