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New Deposits of Natural Gas Discovered Off Cyprus

Cyprus announced on Wednesday that between two and three trillion cubic feet (Tcf) of natural gas has been uncovered in exploratory drilling in block...

Greece Becomes a European Hub for Liquefied Natural Gas

Greece is becoming a European hub of liquefied natural gas (LNG) as demand grows in the wake of the war in Ukraine, PM Kyriakos Mitsotakis...

U.S. Slams Turkey-Russia Deal to Form a Natural Gas Hub

On Wednesday, the U.S. expressed its opposition to the agreement announced by Turkey for the creation of a natural gas hub in cooperation with...

Huge Natural Gas Deposit Discovered by ENI-Total Off Cyprus

A huge natural gas deposit was discovered during drills in Block 6 about 160 km off the Cyprus coastline, the ENI-Total consortium announced on...

Greece, Bulgaria Launch Natural Gas Pipeline to Cut Russian Reliance

Greece and Bulgaria opened the natural gas pipeline on Friday following the completion of the construction phase, the project company developing the facility, ICGB,...

Greece Could Be Sitting on “600 Billion Cubic Meters” of Natural Gas

Greece could be sitting on natural gas reserves of more than 600 billion cubic meters, a senior executive of its hydrocarbons commission told Reuters...

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...

Turkey Claims to Have Discovered Enormous Natural Gas Deposit in Black Sea

According to a new report by Reuters, Turkish President Erdogan claimed on Friday that his country's experts have discovered the largest gas deposit that...

Mammoth Natural Gas Deposit Could be Lying Just South of Crete

Geological surveys of the sea area south of Crete have indicated that up to 10 trillion cubic feet of natural gas could be hidden...

New Natural Gas-Fired Power Plant Consonant with Greece's Green Agenda, Says PM Mitsotakis

Greek Prime Minister Kyriakos Mitsotakis reiterated on Wednesday the pledge he first made at the UN Climate Change Summit in New York in September,...