The months-long negotiations between DEPA Commerce and Gazprom at company level ended yesterday in an agreement with favorable terms for the Greek market.
The new agreement, which is part of the existing contract with Gazprom, with a horizon in 2026, ensures a very competitive price for our country from 2022 onwards, compared to the current levels of natural gas prices in our region but also in Europe in general.
It is noted that the agreement regulates individual issues, in addition to the price of gas, with terms that make this contract even more attractive for the coming years.
Skrekas: Protection for Greek households
The Minister of Environment and Energy, Mr. Costas Skrekas stated in this regard: “Reaching an agreement between DEPA Commerce and Gazprom for the adjustment of the gas supply price is extremely important for our country, as it creates a protection buttress for Greek households, through a prolonged energy crisis. Both the ministry and the government support and take initiatives to ensure competitive energy prices for the Greek market.”
On his part, the CEO of DEPA Commerce, Mr. Konstantinos Xifaras noted that: “DEPA Commerce’s constant pursuit is to ensure competitive prices in the supply of natural gas, based on the benefit for domestic and industrial consumers in our country. We continue with stability and reliability to contribute to the country’s energy security and to improve our footprint in the economy, society and the environment.”
Latest News
Retail Sales in Greece Up 0.8% in Q4 2024: ELSTAT
Retail businesses in the food and fuel sectors posted a turnover of €6.82 billion in Q3 2024, a 1.2% increase compared to €6.73 billion in Q3 2023
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.