Greece provides over 40% of energy needs from Russia

Russia continues to be a “reliable supplier of gas” to Greece, although the rising of energy prices have caused an unprecedented crisis in Europe.

Greek Prime Minister Kyriakos Mitsotakis said after meeting with Russian President Vladimir Putin that “Russia has proven to be a reliable supplier of gas to Greece, just as Greece is a reliable partner.”

“It is important that any [price] adjustments do not deviate significantly from the existing agreement.”, he added.

On the other hand, Putin said that in the first nine months of the year bilateral trade increased by 56%. “Russian companies have a strong interest in investing in Greece and we expect the same response from the relevant Greek companies,” he told a joint news conference with Mitsotakis in Sochi, Russia.

Discussing energy, Putin said Russia covers more than 40% of Greece ‘s energy needs. “Russia is fulfilling its obligations to Greece and the EU and will continue its uninterrupted supply of natural gas,” he said.

In addition to energy and trade, talks between Mitsotakis and Putin also focused on the Balkans and the Eastern Mediterranean.