The Greek Government has initiated a series of emergency measures aimed at alleviating the burden of rising energy costs on consumers. This response comes in light of ongoing geopolitical tensions and fluctuations in global energy markets. A temporary legislative act, effective until 30 June 2026, has been established to impose limits on profit margins throughout the fuel supply chain.
According to the new regulation, companies that supply fuel to service stations will be restricted to a maximum margin of 5 eurocents per liter above refinery prices for both petrol and diesel. Additionally, retail fuel stations are subject to a cap of 12 eurocents per liter on sales to end users. Special provisions have been made for island regions, where elevated logistical costs may necessitate additional transport and distribution fees beyond the standard limit; the specifics of these surcharges are yet to be determined.
Currently, Greece does not face any direct threats to its natural gas supply, as it does not rely on imports from Gulf producers. However, officials from DESFA have indicated that global gas prices remain vulnerable to geopolitical conflicts, which could have repercussions for broader European markets.
DESFA has also reported that its international operations are continuing without disruption. This includes the operation and maintenance of a significant LNG terminal in Kuwait, which is functioning normally with effective communication channels maintained among employees, local authorities, and the Greek diplomatic mission.
In light of recent market volatility, the Greek Government has firmly ruled out any plans to resume domestic lignite production. Deputy Energy Minister Nikos Tsafos confirmed there are no intentions to prolong the operation of the Ptolemaida V lignite unit, which is scheduled for retirement at the end of 2026. Nonetheless, emergency policies enacted during the 2022 energy crisis remain accessible should circumstances deteriorate further.
