Feb 24 β€’ 06:15 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

St. Papastavrou from Washington: 'Aartery of peace and prosperity' the Vertical Corridor for European energy security

Greek Minister Stavros Papastavrou highlights Greece's role as an emerging energy hub in Southeast Europe during an event in Washington.

During his visit to Washington, Greek Minister of Environment and Energy, Stavros Papastavrou, emphasized Greece's strategic importance as an emerging energy hub in Southeast Europe at the event titled '10 years of cooperation between the USA and the EU in liquefied natural gas'. He discussed the significance of the Vertical Corridor for Europe's energy security, indicating that it serves as a crucial artery for peace and prosperity within the European region.

Papastavrou's participation in high-level meetings aims to strengthen energy cooperation between Greece and the United States, which bolsters Greece's role in the new energy architecture of Europe. He underscored the necessity of activating the Vertical Corridor, which aims to diversify energy supplies and enhance the region's energy resilience. The dialogue reflects a growing partnership aimed at developing sustainable energy strategies and reducing dependency on single sources of energy.

Highlighting the connection between energy policy and geopolitical stability, Papastavrou pointed out that the diversification of energy sources has become a strategic imperative for Europe, particularly in light of the energy crisis triggered by Russia's invasion of Ukraine. This not only affects the energy market dynamics but also has profound implications for regional and global stability, making Greece’s role more critical than ever as a key player in energy security for Europe.

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