The agreement reached between DEPA Commercial and Gazprom on the price for the supply of natural gas is a “bulwark for the protection of Greek households,” Environment and Energy Minister Kostas Skrekas said on Tuesday. He welcomed the agreement as “extremely important” for Greece.
“Both the ministry and the government support and take initiatives to ensure competitive energy prices for the Greek market,” he said.
DEPA Commercial and Gazprom struck a deal on Monday after months of negotiations, on terms that were favourable for the Greek market, an announcement said.
Under the new deal, which is included within the framework of the existing contract with Gazprom that goes up to 2026, there will be a particularly competitive prices for Greece from 2022 onward in comparison with current natural gas prices in our region and Europe generally.