goinggreek.info
The Agora => Greek News => Topic started by: Maik on Wednesday, 25 June, 2014 @ 23:43:25
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Greece will invite major oil companies next month to conduct offshore test drillings, the government said on Wednesday, launching the debt-laden country's most ambitious attempt so far to develop its untapped hydrocarbon potential.
Athens has made several fruitless attempts over the past decades to find big reserves of oil or natural gas. Exploration interest revived during its debt crisis, with the cash-strapped country keen to reduce its big fuel import bill.
Several blocks covering a combined area of more than 200,000 square kilometres in the Ionian Sea and south of the island of Crete are expected to go under the hammer.
http://www.reuters.com/article/2014/06/25/greece-oil-tender-idUSL6N0P64VS20140625
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Hydrocarbon exploration in the Ionian to begin next year
Hydrocarbon exploration in the Ionian Sea, in the areas of Patra Bay and Katakolo in the Peloponnese, will begin next year.
http://www.ekathimerini.com/234176/article/ekathimerini/business/hydrocarbon-exploration-in-the-ionian-to-begin-next-year
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(http://goinggreek.info/gallery/1_22_11_18_1_50_13.jpeg)
Repsol and ELPE start Ionian Sea exploration
The Greek Minister of Environment and Energy, Giorgos Stathakis, the chairman of the Hellenic Hydrocarbon Management Company, Ioannis Basias and the representatives of the companies Willy Hernandez (Repsol) and Yannis Grigoriou Hellenic Petroleum (ELPE), have signed the contract for the granting of the right to explore and exploit hydrocarbons in the Ionian and Western Greece.
https://www.balkaneu.com/repsol-and-elpe-start-ionian-sea-explorations/
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Bloomin' eck that's a lot of oil. Could Greece become self-sufficient??
Tony
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I'm waiting for someone to say it might spoil the view from AB supermarket in Skala........