News about subsidies

Aktor CEO Alexandros Exarchou warns that Europe faces an energy 'crisis' this winter, with risks of uncontrollable inflation and sudden shortages, and urges governments to act now. He calls for further electricity price subsidies and sharp cuts to gas transit tariffs, and says EU claims that gas supply is stable 'do not correspond to reality'. He criticizes the European Commission's call to curb energy demand as 'naive and foolish', while the Mediterranean LNG price stood at 27.775 dollars per MMBtu on October 15, up 173% from the same period of 2025. Exarchou argues Europe should sign longer-term LNG deals with US suppliers, which already accounted for about 60.7% of EU LNG imports in the first nine months of 2026, and notes that Aktor's Atlantic SEE joint venture has a 20-year deal for 1 million metric tons a year from 2030 but has not yet secured extra short-term volumes.