Greece
Energy
Construction of Iconic TAP Gas Pipeline Now Complete in Greece
The construction of the Greek section of the iconic Trans Adriatic Pipeline (TAP) has been completed, it was made public on Saturday.
The TAP will begin operating on a trial basis as early as this December.
It is expected that it...
Energy
TAP Gas Pipeline to Invest €1 Million in Greek Agricultural Program
The Trans Adriatic Pipeline (TAP) will invest €1 million in educational and applied biotechnological activities, aiming at supporting the cultivation, marketing, and sale of distinct agri-food products or varieties locally produced in areas across the route of the pipeline.
It's...
Energy
Over 50% of TAP Gas Pipes in Greece Already on Ground
Over 50% of the TAP gas pipes in its Greece route (276km of pipeline) have been placed in the ground and have been backfilled, and 180km of land is being reinstated, according to TAP’s Country Manager for Greece, Katerina...
Economy
TAP Gas Through Greece to EU
The Trans-Adriatic Pipeline (TAP) is set to be announced by the Shah Deniz consortium - BP, Azeri state oil company SOCAR and France’s Total - on June 28 as the winner to carry Azerbaijan’s gas via Greece and Albania...
Business
Greece Wants Azeri Gas Investment, TAP
With privatization and foreign direct investment lagging, Prime Minister Antonis Samaras has discussed the sale of the country's gas transmission network DESFA with visiting Azerbaijan President Ilham Aliyev, and the construction of the the Trans Adriatic Gas Pipeline (TAP)...
Economy
Parliament OK's Deal On TAP Gas
The Greek Parliament has ratified the Intergovernmental Agreement (IGA) between Albania, Italy and Greece on the construction and operation of the Trans Adriatic Pipeline (TAP) project, APA-Economics reported.
The IGA between the three countries, which was signed in Athens on...
Energy
Oil and Gas Contracts for Ionian Sea, Crete Now Before Greek Parliament
The proposed contracts for hydrocarbon exploration in four areas of the Mediterranean off Crete and the Ionian islands were brought before the Greek parliament on Wednesday for discussion and ratification.
The contracts include the area designated as "Ionio," with rights...
Economy
Trans-Adriatic Natural Gas Pipeline Nearly Complete
Katerina Papalexandri, the manager of the Greek section of the new pipeline, announced on Monday that the construction of the Trans-Adriatic Pipeline is nearly complete.
Speaking with the state-run AMNA news agency, Papalexandri said that the excavations to lay the pipe...
Energy
EU Approves Greece-Bulgaria Gas Pipeline
The European Commission has made a decision regarding the Greece-Bulgaria Interconnector (IGB) gas pipeline, finding that the plans for its construction and operation were compatible with EU rules on state subsidies.
Greek Environment and Energy Minister George Stathakis welcomed the...
Cyprus
Cyprus, Greece, Italy and Israel Back Gas Pipeline to Europe
Cyprus, Italy, Greece and Israel agreed on Tuesday to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean, to Europe.
The project, known as East Med, involves a 2,000km long pipeline to channel offshore...
Energy
Trans Atlantic Gas Pipeline Construction to Start Soon in Kastoria
The construction of the Trans Adriatic gas Pipeline (TAP) in the Kastoria region of northwestern Greece, is expected to start in coming months, according to the mayor of Kastoria, Anestis Angelis.
The mayor pointed out that the construction will last...
Business
Energean Secures Gas Contracts for Israel Offshore Fields
Greek oil producer Energean has exceeded its target for gas sales contracts needed, before it proceeds with plans to tap two gas fields off Israel's coast, according to market sources.
Energean bought the Karish and Tanin fields, located in deep...
Economy
Greece Pivotal to Plans for Natural Gas Pipeline
A strategy by successive governments to turn Greece into an energy hub is moving into form with the promotion of a series of investment plans focusing on the country. The TAP (Trans Atlantic Pipeline), IGB (Greek-Bulgarian pipeline), East Med...
Energy
Greece to Name Preferred Bidders for Deep-Sea Oil and Gas Exploration
According to Greece's Energy Minister, Panos Skourletis, the evaluation of the bids cast for deep-sea oil and gas exploration in Greece will conclude in the coming weeks and will name the preferred bidders soon after. “We are evaluating three...
Business
Greek PM Tsipras Welcomes TAP Construction as Start of New Era for Greece
Radical Left Coalition (SYRIZA) Prime Minister Alexis Tsipras said Greece is entering a new era, leaving a period of instability and uncertainty behind, during his speech at the inauguration of the construction of the TransAdriatic Pipeline (TAP) in Thessaloniki....