natural gas
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...
Cyprus
Renewed Drilling Ahead For Cyprus' ''Delfini'' Area
Greek and Cypriot media reported on Thursday an initial failure in Exxon Mobil's campaign to discover natural gas in the area dubbed ''Delfini'', in Block 10 of the Cypriot Exclusive Economic Zone (EEZ).
According to a statement made by Cyprus'...
Energy
How Greece Will Benefit from East Med Gas Pipeline
Greece will definitely benefit from the recent agreement with Israel and Cyprus for the construction of the East Med gas pipeline, according to a report in the German financial newspaper Handelsblatt.
The proposed pipeline will transport natural gas from the...
Cyprus
Greece, Israel and Cyprus Reach Deal on Gas Pipeline
The leaders of Greece, Cyprus and Israel have reached an agreement to develop the East Med natural gas pipeline, which will transport natural gas to the E.U. via Cyprus and Greece. The three leaders met on Thursday in the Israeli...
Cyprus
Anastasiades Doesn't Rule Out Cooperation With Turkey in East Mediterranean
The President of the Republic of Cyprus, Nicos Anastasiades, has sent the message to the Turkish Cypriots that no one is trying to appropriate the natural wealth belonging to all legitimate citizens of the Republic of Cyprus and that...
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...
Energy
Turkish Vessel ‘Fatih’ To Begin Drilling in East Mediterranean
Turkish Energy Minister Fatih Donmez has announced that the Turkish drilling vessel "Fatih" ("Conquerer") will begin drilling operations in the eastern Mediterranean Sea on Wednesday.
The first area where the vessel is expected to drill is located 100 kilometers (62...
Cyprus
'We Will Continue the Gas Drilling Work around Cyprus' Cavusoglu Says
Turkey will not stop the natural gas and oil drilling work around Cyprus, having in mind that we need to share the resources fairly, Turkey's foreign minister Cavusoglu said on Tuesday.
"Turkey will not allow any unilateral activity. We need...
Cyprus
EU Warns Turkey To Stay Away From Friction In Cyprus’ EEZ
The European Commission reminds Turkey of the March European Council statement - the highest ranking body within the European Union - on the right of the Republic of Cyprus to explore and exploit its natural resources, including the Exclusive...
Business
Greece's Gas Company Signs Major Deal For Alexandroupolis' Terminal (Photos)
Greece's Public Gas Company (DEPA) signed a deal with Gastrade S.A. for a LNG (Liquefied Natural Gas) terminal in Alexandroupolis on the sidelines of the Southeast Europe Energy Forum.
The forum was organized by the American-Hellenic Chamber of Commerce, in...