The U.S. is Greece’s energy… ally 

The U.S. is Greece’s energy… ally 

According to the U.S. Ambassador to Athens, Geoffrey R. Pyatt, his country will be a reputable supplier and ally of Greece in its bid to release its energy market. Addressing the Hellenic Association for Energy Economics at a conference titled “Energy Transition: European and Global Perspectives”, Pyatt called Greece “a very important partner” for the Washington agenda.

Energy security – as he said – makes countries less vulnerable to external pressure, especially when there are examples like that of Russia, which has used the “weapon” of interruption of supply as a tool to consolidate the its policy 55 times in the past. In this context, the U.S. ambassador opposed the Nord Stream and South Stream pipelines, stressing that they are yet another tool in the hands of Moscow.

Geoffrey R. Pyatt stressed that U.S. imports of liquefied natural gas (LNG) could make a significant contribution to the diversification of supply both for Greece and for Europe, recalling the statement by Greek Prime Minister Alexis Tsipras during his visit in the U.S., that Greece will become the third U.S. shale gas importer in Europe. At the same time, he pointed out that his country supports the emerging role of Greece as an energy hub in the SEE region.

DESFA’s role

Representatives of the three companies that turned out to be the preferred investors in the process of acquiring the majority share of DESFA, Marcelino Oreja Arburua, Chief Executive Officer, Enagas, Maria Rita Galli, Senior VP, Business Development, Snam, Arno Bux, Chief Commercial Officer and Fluxys offered, during the conference, a first hint of their plans for the future of the company and for the development of natural gas infrastructures in Greece.

The Enagas CEO, Marcelino Oreja Arburua, pointed out the importance of strengthening the gas infrastructure in SE Europe, while also highlighting the development of small-scale LNG applications.

For its part, the vice president of Italian Snam, Maria Rita Galli noted that the company’s goal is to make Greece an energy hub by exploiting its geostrategic position, adding that the improvement of DESFA’s infrastructure will bring more gas flows, will benefit consumers.

Fluxys Commercial Manager, Arno Bux, said his company continues to be very active in the LNG regasification segment and is seeing significant room in shipping growth… / IBNA