The Naftogaz Group and the Greek state-owned company DEPA Commercial have signed a Letter of Intent on the supply of natural gas to Ukraine for the winter period of 2025–2026.
This step reflects the Ukrainian Government’s systematic efforts to secure sufficient natural gas volumes in underground storage and to strengthen the country’s energy resilience ahead of the heating season.
The gas will be delivered through a transit route involving gas transmission system operators across five European countries. The arrangements envisage both operational cooperation and longer-term partnerships with the Greek side.
President of Ukraine Volodymyr Zelenskyy emphasized that financing agreements for gas imports are already in place. Funding of nearly EUR 2 billion will ensure the procurement of natural gas needed to offset domestic production losses caused by Russian attacks. The Ukrainian Government has allocated the necessary resources, while European partners, European banks under European Commission guarantees, Ukrainian banks, Norway, and U.S. partners are also contributing to securing full financing.
“Ukraine is actively working to diversify gas supply routes, and we express our gratitude to our Greek partners for their cooperation. This will help us not only keep Ukrainian homes warm this winter, but also strengthen the energy security of Ukraine and the wider region. Part of the imported natural gas procurement task has already been fulfilled, and we continue to work closely with our partners, including the United States,” noted Deputy Minister of Energy of Ukraine Mykola Kolisnyk.
It should be recalled that in early November, Naftogaz Group and the Greek company ATLANTIC-SEE LNG TRADE S.A. signed a Memorandum on future regular deliveries of American LNG to Ukraine via Greek LNG terminals and the Vertical Corridor. Additionally, Ukraine will receive at least 300 million cubic meters of U.S. LNG under agreements between Naftogaz and Poland’s ORLEN.
