Connected to the Vertical Gas Corridor, directed from Greece to Central European countries, Moldova and Ukraine will strengthen their energy security. The storing of gas in Ukrainian storage facilities will contribute to this, Ambassador Geoffrey Pyatt, Assistant Secretary of State for Energy Resources, U.S. Department of State, wrote on X network, being quoted by IPN.
At the East Macedonia and Thrace Forum II, which took place on March 13-14 this year in the Greek city of Alexandroupolis, he highlighted that the infrastructure from Greece to Ukraine, the Vertical Corridor, enables LNG imported through Greece to fill storage in Ukraine, providing a new source of security for Central Europe and Western Balkans.
According to trend.az, Pyatt noted that the Vertical Corridor project is an important step in the development of the region’s energy sector as it provides an alternative source of gas and helps reduce price volatility.
Furthermore, he stressed that this project supports the EU’s strategy for completely eliminating the Russian gas by 2027.
In January, IPN reported that Moldova, Ukraine and Slovakia joined the vertical gas transmission corridor, alongside Greece, Bulgaria, Romania, and Hungary.
First announced in 2016, the vertical corridor will now be integrated into the Trans-Balkan pipeline and will allow the transport of natural gas from Greece to Moldova and to the underground gas storage facilities in Ukraine. The pipeline will be able to transport both piped gas from Azerbaijan and liquefied natural gas (LNG) from the Revythoussa and Alexandroupoli terminals in Greece.
In January, Energocom already tested the mechanism for transporting the purchased gas to Moldova.
