Papastavrou: The Vertical Corridor as an Artery of Peace and Prosperity for European Energy Security
Greek Minister Stavros Papastavrou emphasized Greece's emerging role in energy security and the importance of the Vertical Corridor during his visit to the US.
During an event marking ten years of US-EU LNG cooperation in Washington, Greek Environment and Energy Minister Stavros Papastavrou highlighted Greece's strategic importance within the European energy security framework. He noted that the Vertical Corridor represents not only a vital energy route but also an opportunity for Greece to assert itself as a key player in Southeastern Europeβs energy landscape. Papastavrou's statements underscored the critical need for Europe to diversify its energy sources, particularly in light of the recent energy crisis exacerbated by geopolitical tensions arising from the Russian invasion of Ukraine.
Papastavrou's visit includes high-level meetings aimed at strengthening energy cooperation between Greece and the US. He argued that energy policy is deeply intertwined with geopolitical stability and that collaboration with the US will further enhance Greece's position in the emerging energy architecture in Europe. By activating the Vertical Corridor, Greece aims to facilitate energy trade routes that would not only bolster its own energy security but also alleviate dependency on single supplies, thereby contributing to a more resilient European energy market.
The Greek minister reiterated the country's unwavering support for Ukraine during the ongoing crisis, framing Greece's stance as a commitment to upholding European values and security. This strategic positioning not only facilitates greater energy independence for Europe but also fosters closer ties between Greece and key allies, which is essential in navigating the complexities of regional and international energy politics.