HomeOilGreece-North Macedonia oil pipeline resumes operations, boosting regional fuel supply

Greece-North Macedonia oil pipeline resumes operations, boosting regional fuel supply

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The Thessaloniki–Skopje oil pipeline has officially resumed operations, marking a significant development in the energy landscape of Southeast Europe. According to Helleniq Energy CEO Andreas Shiamishis, fuel flows between Greece and North Macedonia restarted at the end of last year, enhancing the regional supply chain for refined petroleum products.

This pipeline serves as a crucial north-south supply route primarily transporting diesel. Initial deliveries have already been made, with additional shipments planned shortly. This renewed functionality is expected to not only benefit North Macedonia but also facilitate fuel exports to neighboring markets such as Kosovo, southern Serbia, and Bulgaria.

The operational revival of the pipeline underscores Greece’s strategic position as a regional energy hub. By enhancing its geopolitical presence in Southeastern Europe, Greece is poised to strengthen its influence over fuel distribution in the area. The implications of this development extend beyond mere logistics; it represents a pivotal shift in regional energy dynamics.

On a local scale, the resumption of pipeline transport brings practical benefits as well. For over a decade, fuel supplies were reliant on road transport, resulting in significant truck traffic through Thessaloniki. The restoration of the pipeline after a 13-year hiatus is anticipated to alleviate congestion and reduce the environmental impact associated with fuel logistics in the city.

In addition to these developments, Shiamishis highlighted ongoing upstream energy projects. Exploration drilling in Block 2 of the Ionian Sea is scheduled within the next 12–18 months, involving a joint venture that includes ExxonMobil and Energean. Furthermore, seismic surveys south of Peloponnese are progressing in collaboration with Chevron, indicating continued investment and activity in Greece’s energy sector.

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