Feb 24 • 07:22 UTC 🇬🇷 Greece To Vima

Papastavrou in the U.S.: The Vertical Corridor 'artery of peace and prosperity'

Greek Minister of Environment and Energy Stavros Papastavrou highlighted Greece's role as an emerging energy hub in Southeastern Europe during an event in Washington, focusing on the strategic importance of this corridor for Europe's energy security.

During an event marking 10 years of collaboration between the U.S. and EU in liquefied natural gas (LNG), Greece's Environment and Energy Minister Stavros Papastavrou emphasized the strategic significance of the Vertical Corridor in enhancing energy security for Europe. He stated that energy acts as a pillar of security and resilience and is fundamental to the strategic alignment between Europe and the United States. With nearly 60% of Europe's LNG imports originating from the U.S., this relationship illustrates the European Union's position as the largest global destination for American LNG.

Papastavrou further underlined Greece's unwavering support for Ukraine, connecting this stance to historical ties and current geopolitical considerations. He articulated that Greece's commitment to energy diversification aligns with the broader goals of enhancing regional stability and ensuring a reliable energy supply for both Greece and its European partners. This approach is particularly vital amid ongoing tensions in Eastern Europe, making Greece's role as an energy corridor increasingly significant.

The implications of Papastavrou's remarks extend beyond just energy security; they highlight Greece's strategic importance in the geopolitical landscape of Southeast Europe. As the EU seeks to reduce dependency on Russian energy, initiatives like the Vertical Corridor become critical in fostering collaboration among allies while promoting economic resilience and stability in the region. Papastavrou's presence at this event in Washington reinforces Greece's role as a key player in EU energy discussions, potentially influencing policies that affect energy imports and bilateral relations with the U.S.

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