natural gas
Energy
Greece Along With 14 EU States Call for Price Cap on Gas Imports
Greece along with another fourteen EU member states has called on the European Commission to impose a price cap on gas imports to tackle the energy crisis in Europe.
As soaring energy bills threaten to undermine popular support for governments,...
Cyprus
Huge Natural Gas Deposit Discovered by ENI-Total Off Cyprus
A huge natural gas deposit was discovered during drills in Block 6 about 160 km off the Cyprus coastline, the ENI-Total consortium announced on Monday.
According to an official announcement by the Italian company, natural gas was detected in the...
Energy
Greece to Switch Off Floodlit Monuments Earlier to Save Energy
Greece will switch off floodlit monuments earlier as part of an EU-wide drive to reduce energy reliance on Russia and burn fifteen percent less gas this winter, Environment and Energy Minister Kostas Skrekas said on Sunday.
In an interview with...
Energy
Greece, Bulgaria Launch Natural Gas Pipeline to Cut Russian Reliance
Greece and Bulgaria opened the natural gas pipeline on Friday following the completion of the construction phase, the project company developing the facility, ICGB, said.
The pipeline will supply natural gas originating in Azerbaijan to Bulgaria, whose vital supply of...
Energy
EU: How to Reduce Your Energy Bills and Dependency on Russia
This week, the European Commission and the International Energy Agency outlined a range of simple steps that people and governments can take to reduce energy bills, dependency on Russian energy, and help the environment.
According to the plan, if all...
Energy
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...
Energy
Greece Sets 2023 as Make or Break Year for Natural Gas Exploration
Greece said on Tuesday that by 2023, it will be known whether it has natural gas reserves that are economically viable to extract, as the country tries to cut its reliance on Russian energy.
Prime Minister Kyriakos Mitsotakis, who met...
Energy
Greece Accelerates Gas Exploration in the Ionian Sea and Crete
Greece is expected to announce initiatives to accelerate natural gas exploration in the Ionian Sea and in Crete after Russia threatened to cut off supplies to Europe.
According to a report in the Athens-Macedonian News Agency (AMNA), the aim of...
Business
Inflation in Greece Soars by 7.2% Following Rise in Electricity, Fuel
Greece's annual inflation rate soared by 7.2% in February compared to 6.2% in January, which has accelerated a trend that has followed the COVID-19 pandemic and now the Russia-Ukraine conflict, official statistical data released Thursday indicates.
The surge in consumer...
Greek News
Presidents of Israel, Turkey Vow to Mend Ties
Israel's President Isaac Herzog arrived in Turkey Wednesday to meet his counterpart President Recep Tayyip Erdogan on the first visit by an Israeli head of state since 2007, as the countries seek to mend fractured ties.
"President Herzog's visit will...