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Petroleum / Mining in Greece

  • Greek side expects sale of DESFA to continue unhindered

    GREECE, 2016/07/24 Hellenic Republic Investment Development Fund (HRADF) expects the sale of Greece’s natural-gas grid operator DESFA to continue unhindered, the chairman HRADF of Stergios Pitsiorlas told in interview to Bloomberg. He said HRADF expects Italy’s Snam SpA likely to make an offer to SOCAR for a 17 % stake by the end of September or early October. Greece must find a mutually-acceptable agreement with Snam and SOCAR on usage fees for the grid network, said Pitsiorlas.
  • Greece; oil exploration tender to be launched in 2014

    GREECE, 2013/08/31 The tender for the new rounds of oil exploration concessions off Crete and west of mainland Greece will be issued in the initial half of 2014, Energy Minister Yiannis Maniatis told President Karolos Papoulias, as Kathimerini reports. Next conducting seismic research in the Gulf of Patra, the sea region west of Ioannina and Katakolo off the western Peloponnese coast, Norway’s Petroleum Geo-Services (PGS) is expected to have completed the evaluation of data obtained by the end of the year.
  • Accord for methane pipeline ramification signed in Tirana

    ALBANIA, 2013/05/24  Four Balkan nations have signed a memorandum of considerate to support the Trans Adriatic Pipeline project, which will bring methane to the Italian region of Apulia from Azerbaijan's huge Shah Deniz gas field, crossing Greek and Albanian territory. Bosnia, Croatia and Montenegro have expressed strong interest in the ramification of the methane pipeline towards their own nations as a way to ''foster energy security of an entire region''.
  • Greece: gov't receives eight bids for oil, gas exploration 2012-07-04

    GREECE, 2012/07/04