French Foreign Ministry has called on authorities of the Islamic Republic to release the two seized Greek tankers in the waters of the Persian Gulf. Iran’s seizure of two Greek-flagged oil tankers in Gulf waters is a “violation of international law”, France’s foreign ministry claimed in a statement on Sunday, …
Read More »Greece Key in Independence from Russian Gas
One of the keys to complete independence of Southeastern Europe from Russian gas is the new import and transit infrastructure that is being developed in Greece, according to a statement by the European Commission. In addition to the projects that are being implemented, the Environment and Energy Ministry last week …
Read More »Greece to Assist Bulgaria after Russia Halts Gas Supply
Greece has vowed to help neighboring Bulgaria after Russia decided to cut off its gas supply. Prime Minister Kyriakos Mitsotakis spoke to his Bulgarian counterpart Kiril Petkov over the phone on Wednesday morning, according to a statement from his office. “During their discussion, the prime minister stated that Greece will …
Read More »Greece could be Sitting on “600 Billion Cubic Meters” of Natural Gas
Greece could be sitting on natural gas reserves of more than 600 billion cubic meters, a senior executive of its hydrocarbons commission told Reuters on Thursday. As Greece accelerates gas exploration to cut its reliance on Russian energy, Chief Executive Officer of Greece’s hydrocarbons commission Aristofanis Stefatos told Reuters that …
Read More »Greece to Boost Gas Exploration Efforts to Cut Russian Dependence
Greece plans to step up efforts to explore for natural gas in an attempt to reduce its 40-percent reliance on Russian gas, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday. “Accelerating the exploitation of the country’s national energy resources will allow us, if we are lucky and we have exploitable …
Read More »Accelerating Exploration for Greek Hydrocarbons
Greece plans to accelerate gas exploration in its western and southern waters in a fresh drive to tap domestic resources amid soaring energy prices and concerns over Russian gas supplies, government sources said on Tuesday. Greece has produced small quantities of oil in the past and has attempted to explore …
Read More »Russia Covers 40% of Greece’s Demand for Natural Gas
Russia covers over 40% of Greece’s demand for natural gas and has even increased gas supplies recently, Kremlin Spokesman Dmitry Peskov said in an English-language interview with Greece’s Antenna TV channel. “Do you know how many percent of Greece’s demand for natural gas is being covered by Russia?” Peskov said, …
Read More »Turkey Threatens to Block Drilling in Exclusive Economic Zone of Cyprus
Turkey has threatened to block any “unauthorized” search for gas and oil in what it considers its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights to Exxon Mobil and Qatar Petroleum, following a statement issued by the Turkish Foreign Ministry yesterday, 5 December …
Read More »Greece, Egypt Expand Gas Ties
Greece and Egypt have signed a memorandum to expand cooperation in the LNG sector and consider building a gas pipeline between them, the Greek energy ministry reported on November 25. Egyptian gas production has soared in recent years on the back of the development of the Zohr field and other …
Read More »Egypt Wants to Export Surplus Gas to Europe Through Greece
Egyptian Prime Minister Mostafa Madbouly said he wanted to work with the Greek government to export surplus natural gas to Europe. It is part of a wider push to boost cooperation across energy and electrical grid interconnection across the island of Crete, which lies midway between the North African country …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel