US Strikes Billion-Dollar Energy Deals Across the Balkans
The United States and US companies have signed agreements worth billions of dollars with Balkan countries, strengthening Washington's energy presence in the region and supporting the development of artificial intelligence.
The US is seeking to deepen ties while limiting Russian oil and gas influence in southern Europe, having already signed a long-term agreement last year to supply liquefied natural gas (LNG) to Greece.
"President Trump is opening a new era of cooperation with southern, and central and eastern Europe", US Energy Secretary Chris Wright said at the Three Seas Initiative forum in Dubrovnik.
In Tirana, US Ambassador to Greece Kimberly Guilfoyle signed a $6bn deal to supply LNG to Albania for 20 years. "This commitment strengthens energy security - and national security - across the entire region", she said.
The US also supports a pipeline project between Bosnia and Herzegovina and Croatia to reduce dependence on Russian gas. The project will be led by AAFS Infrastructure and Energy LLC, a US company, with an investment of around $1.6bn.
Croatia and the US also issued a joint declaration on cooperation in the field of civil nuclear energy.