The Transatlantic Gas Security Summit, hosted in Washington, is addressing significant issues related to the security of natural gas supplies and fostering transatlantic cooperation in the energy sector. This summit involves representatives from 12 European nations, including Greece and several Eastern European countries, focusing on energy security challenges and opportunities in the broader region. Among the attendees, ONEX Shipyards & Technologies Group stands out with its delegation led by president and CEO Panos Xenokostas.

As discussions unfold at the summit, a key focus is on the shipbuilding industry's potential in bolstering energy infrastructure, particularly through the construction of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRU). This emphasis highlights the growing importance of innovative solutions in the energy sector, especially for regions dependent on imported gas and those striving to enhance their energy independence and security. ONEX's involvement signifies its strategic role in developing this vital infrastructure to support regional energy projects.

The forthcoming signing ceremony marks an essential collaboration between ONEX Shipyards and Hanwha Power Systems, aligning with the summit's objectives to strengthen energy security and enhance collaboration across the Atlantic. Such partnerships not only aim to optimize energy supply chains but also offer technological advancements and synergies necessary for overcoming current energy challenges faced by European nations, particularly as they navigate the evolving geopolitical landscape.