Greece Secures Near-Total Gas Booking to Ukraine Ahead of U.S. Energy Summit

Greece's Vertical Gas Corridor saw a near-total booking of its primary northbound route to Ukraine on Monday, signaling a surge in demand for alternative energy infrastructure as global officials gather in Washington for a critical gas security summit. In a highly anticipated auction, energy traders snapped up 98% of the available capacity—25 out of 25.5 gigawatt-hours per day—on Route 1, which runs from Greece's Revithoussa LNG terminal to Ukraine's vast underground storage facilities. The w...

By ANTHEE CARASSAVA