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gas reserves

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...

As Prices Rise, Russia’s Gazprom Cuts Gas Supplies to EU by 70%

The Russian firm Gazprom, which is majority owned by the Russian state, is continuing to reduce gas supplies to Europe via Belarus, potentially aggravating tense market conditions. The price of gas has all but doubled in the last few...

Turkish Vessel to Begin Gas Exploration Off Crete – Report

A Turkish newspaper reported on Wednesday that Ankara will soon send an exploration vessel to start searching for hydrocarbon reserves off the southeast corner of the Greek island of Crete. Yeni Safak reported that the vessel Oruc Reis will...