Naftogaz Group and Greek state-owned company DEPA Commercial have signed a Letter of Intent on the supply of natural gas to Ukraine for the winter period 2025-2026. Both operational and long-term agreements have been reached with the Greek side.

This partnership opens another reliable direction for imports for the upcoming winter. We are consistently and systematically expanding the geography of supplies to guarantee stable heating for Ukrainians and to strengthen the energy security of the entire region. I thank DEPA Commercial for their readiness to move forward together. Sincere gratitude to the President of Ukraine and the Government for making this agreement possible,” said Sergii Koretskyi, CEO of Naftogaz.

Under the framework of the prospective agreement, gas is expected to be transported through a route jointly offered by the gas transmission system operators of five European countries.

Today’s signing of a Letter of Intent between DEPA Commercial and Naftogaz represents a substantial contribution to regional energy cooperation and market integration at a critical time. The delivery of natural gas to Ukraine through a reliable, multi-country corridor constitutes an ‘energy bridge’ between the infrastructures of Greece and Ukraine, supporting broader European energy resilience. The supply of US LNG will be facilitated through ATLANTIC–SEE, in which DEPA holds a 40% stake, underlining the company’s commitment to providing practical and secure energy solutions across Southeast Europe,” emphasized Konstantinos Xifaras, CEO of DEPA Commercial.

About Naftogaz

Naftogaz is the national oil and gas company of Ukraine, which was established in 1998. Headquartered in Kyiv, the company covers a full range of activities in the oil and gas business including: production and refinery; transportation and storage; wholesale trade and distribution as well as technical support.

About DEPA

DEPA Commercial is a vertically integrated energy group at the forefront of Greece’s evolving energy landscape and a key pillar of national energy security. Its dynamic portfolio spans natural gas supply and trading, electricity, power generation, renewable energy, and alternative fuels including hydrogen, biomethane, and small-scale LNG. Central to its strategy is diversifying gas sources and routes, with a flexible LNG portfolio and global market participation. Through the recent joint venture ATLANTIC – SEE LNG TRADE, DEPA enhances regional LNG trading and interconnections. The company also invests in power generation and the green transition, shaping Greece’s energy future.