Greece
Energy
Athens Proposes Russia's Gazprom to Invest Up to €800Mln in Greece's Coal Industry
According to sputniknews.com, Athens has put a proposal on the table for Russia's Gazprom to consider making a considerable investment of 800 million euros in Greece's coal industry.
On Tuesday, reports from the Russian newspaper, Kommersant say that the Vevi...
Business
Russia’s Gazprom Expresses Interest in Additional Energy Projects in Greece
While speaking at the Russian-Greek business forum in Thessaloniki Saturday, Russian's Energy Minister Alexander Novak stated that Russia's Gazprom is negotiating projects that may begin in Greece via affiliated companies, including coal mining.
Gazprom's presence is already felt in Greece...
Greece
Gazprom, Edison, DEPA Sign Memorandum for ITGI Project
Gazprom, Edison and DEPA on Wednesday signed a memorandum of understanding in Rome for the development of a natural gas pipeline project linking Greece and Italy, which will bring closer to completion a south corridor for the supply of...
Economy
Greek PM Tsipras Meets with Gazprom Chief, BRICS Delegation in St Petersburg
Greek Prime Minister Alexis Tsipras discussed energy and the “Greek Stream” gas pipeline project with Gazprom chief Alexei Miller during a meeting in St Petersburg on Thursday.
Tsipras also met with representatives of the new development bank for BRICS countries, who...
Business
Gazprom CEO Visits Athens and Guarantees Gas Transit Through Greece
Colossal Russian energy company Gazprom chief Alexei Miller said his country guarantees annual supplies of up to 47 billion cubic meters of natural gas to Central Europe through transit infrastructure to be constructed in Greece. "The Greek government is supporting the project...
Business
Forbes: Greece a Useful Partner for Russian Gazprom
The so-called Turkish Stream pipeline project will make Greece an important partner of Russian company Gazprom despite the financial crisis the country is currently facing, Forbes magazine stated. According to an analysis published in the New York-based magazine, Greek Prime Minister Alexis Tsipras and...
Energy
Gazprom's "Plan B" for South Stream Pipeline
Russian business newspaper Vzglyad published an article by journalist Oleg Makarenko, claiming that Gazprom has a “plan B” in case Bulgaria continues to obstruct the construction of the South Stream pipeline.
The newspaper published an article suggesting that the Kremlin-favored...
Energy
DEPA-Gazprom Agree on Reducing Natural Gas Price
Russian gas exports company, Gazprom has agreed to cut its price for DEPA, Greece's state-run natural gas distributor. The two sides were negotiating during the last months, with the Greek company asking for a cut of about 20%.
As reported by the...
Business
Negotiations Over Gazprom's Gas Prices
A second round of critical negotiations, following the preliminary talks in Moscow earlier this summer started in Athens on August 28 concerning the reduction of the price of Russian natural gas, between Gazprom and Greek natural gas provider DEPA.
For...
Cyprus
Gazprom Offers Cyprus Restructuring Deal to Avoid EU Bailout
Russian energy giant Gazprom has offered the Republic of Cyprus a plan in which the company will undertake the restructuring of the country's banks in exchange for exploration rights for natural gas in Cyprus'’ exclusive economic zone, local media...
Business
Gazprom, Greece Talk Gas Sale
With international lenders pressing for Greece to speed the pace of privatizations, Prime Minister Antonis Samaras met with the head of Russia's Gazprom, Alexei Miller, on March 12 to discuss the planned sale of Greece's national gas distributor DEPA,...
Economy
Gazprom Among Nonbinding Bidders for Greece΄s DEPA/Desfa
Greece΄s privatization agency said Tuesday that five companies or consortiums have made nonbinding offers for Greek state-owned natural gas company DEPA/Desfa, which is being sold as part of the country΄s privatization program, Dow Jones reported.
The privatization agency, the Hellenic...
Economy
Germany Restarts Coal Plants After Russia Severs Gas Supply
Germany will reopen its high-polluting coal power plants after Russia cut off its gas pipeline to Europe.
The emergency decision announced Sunday came as Germany tries to avert a supply shortage and as the continent struggles to respond to reductions...
Greece
Greece Becomes Top Destination for Russian Fuel Tankers
The number of tankers carrying Russian fuel that arrived in Greece in April reached record-breaking highs, indicating that the country's waters have become a top destination for transporting Russian fuel.
According to a report by Reuters, arrivals of ships carrying...
Energy
Could EU Energy Price Hikes Lead to a Global Energy Crisis?
Gas and other energy prices have spiked in Greece, Europe and globally in the past two weeks. Experts have been researching whether this could lead to a new global energy crisis, like the one in the 1970s.
Analysts believe gas...