Central and Southeastern Europe (CESEE) are pivotal in reshaping the European Union's energy strategy, serving as essential transit corridors and emerging hubs for diversified gas supplies. Historically reliant on Russian gas, these regions are actively pursuing energy diversification and regional cooperation to enhance energy security and stability. 

Leveraging the Black Sea's Potential

The Black Sea region holds significant untapped energy resources, particularly in natural gas. Countries like Romania and Bulgaria are exploring offshore reserves to reduce dependence on external suppliers and strengthen energy autonomy. However, geopolitical complexities and the need for substantial investments present challenges to fully harnessing this potential. 

Expanding LNG Imports through Greece and Croatia 

Greece and Croatia have become critical entry points for Liquefied Natural Gas (LNG) into Europe. Greece's Alexandroupolis terminal, operational since October 2024, diversifies gas routes to Europe, supplying gas to countries including Bulgaria, Romania, and Serbia. Similarly, Croatia's KRK LNG Terminal enhances energy security and promotes regional cooperation among neighbouring countries.  

Key Infrastructure Projects: TAP and IGB 

The Trans Adriatic Pipeline (TAP) and the Interconnector Greece-Bulgaria (IGB) are instrumental in diversifying energy supplies. TAP transports natural gas from Azerbaijan's Shah Deniz field to European markets, while IGB, operational since October 2022, facilitates gas flow between Greece and Bulgaria, reducing reliance on Russian gas.  

Strengthening Regional Cooperation 

Initiatives like the Central and South-Eastern Europe Energy Connectivity (CESEC) aim to build an interconnected regional electricity market and boost renewables and energy efficiency. Collaborative efforts among CESEE countries are vital for energy diversification and security, fostering economic development and stability. 

Challenges and Opportunities 

Engage with these critical topics at EGC 2025, Europe's premier gas conference. The event convenes senior energy leaders to discuss energy security, infrastructure, and decarbonisation under Chatham House Rules, ensuring confidential and impactful dialogues. 

Continue the Conversation at EGC 2025 

Get ahead of the curve and prepare to shape the conversation at EGC 2025. This is your opportunity to align with top-tier leaders, gain invaluable knowledge, and position yourself at the forefront of Europe’s energy evolution.

Panel Highlight: Diversifying Energy Supplies & Strengthening Regional Cooperation

This panel examines CESEE's energy transformation as it shifts from Russian gas dependency. Discussions will cover leveraging the Black Sea's potential, expanding LNG imports through Greece and Croatia, and the roles of TAP and IGB. Energy ministers will explore regional collaboration to ensure energy security and opportunities for green gas developments. 

Join the Discussion

To delve deeper into these issues and participate in shaping Europe's energy future: