American ships dock there. A firm with Russian ties wants to buy it
Save time by listening to our audio articles as you multitask’s logistics planners. It is on the Aegean Sea, with good road and rail links north through the alliance’s eastern flank. In particular, it provides access to Ukraine via Bulgaria and Romania. Using it as a way-station skirts the Black Sea, which Russia patrols, and the Bosporus, a choke-point controlled by Turkey, a member ofbut a capricious one.
The port’s chairman, Konstantinos Chatzimichail, believes it could also become a big trans-shipment point for exports of Ukrainian grain and other commodities—though it is not currently deep enough to host the largest bulk-carriers. The port may soon be an energy hub, too, with plans for two floating liquefied natural gas terminals a few miles offshore. These will bring mostly Americanto Greece, Bulgaria and other parts of south-eastern Europe, helping them to reduce reliance on Russian gas.
Greece’s foreign minister has described Alexandroupolis as “one of the most important elements” of the country’s mutual-defence pact with America. James Stavridis, a formersupreme allied commander for Europe, says the port is “located at a strategic crossroads between the Aegean and Black seas, and will be of increasing potential value as events unfold in Ukraine.
Mr Copelouzos was one of two Greek business bigwigs whom Mr Putin met when visiting Greece in 2001. He has hosted dinners at his home in Athens for Gazprom’s top brass and Russian officials. Thereport calls him “the most influential businessman who has been closely linked with Russia’s interests in Greece for at least four decades”, and his holding company, Copelouzos Group, “an intermediary for Russian interests in Greece”.
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