natural gas

The Israeli Minister of Foreign Affairs, Avigdor Lieberman, visited Athens, Greece on Thursday, March 20, in order to discuss Israel's cooperation with Greece in sectors beyond those of defense and intelligence exchange. Lieberman met with the Greek President, Karolos Papoulias, as well as...

The Greek Environment Ministry announced today that DEPA would be launching a study to check if it is feasible to build a pipeline that will transport natural gas from deposits in the Eastern Mediterranean (Cyprus and Israel) through Crete...

Russian gas exports company, Gazprom has agreed to cut its price for DEPA, Greece's state-run natural gas distributor. The two sides were negotiating during the last months, with the Greek company asking for a cut of about 20%. As reported by the...

Another oil company, the Indian Oil and Natural Gas Corporation (ONGC) has been added to the list of those interested in hydrocarbon exploration in Greece. Its interest was made clear during a meeting between the Minister of Environment Giannis...

Socar (the state oil company of Azerbaijan) has acquired a 66% share in the Greek natural gas transmission network operator (DESFA). This agreement is significant in terms of gas supplies to Europe from Azerbaijan. The President of Socar, Rovnag Abdullayev will arrive...

Struggling to get out from under a $430 billlion debt and crushing economic crisis, the answer to Greece's financial problems says the answer might be under the sea around Crete where the German Deutsche Bank said there could be...

Bulgarian President Rosen Plevneliev visited Greece after accepting his counterpart's invitation to discuss trade relations between the two countries.  For previous report on the meeting, follow this link: https://greekreporter.com/2012/07/02/bulgarian-presiden-r-plevneliev-to-visit-greece-after-papoulias-invitation/ Greek President Karolos Papoulias welcomed Plevneliev on July 4th and discussed about...

Noble Energy has discovered a vast natural gas reserve which exceeds the demands of both Greek Cyprus and Israel combined, Anatolia news agency reported yesterday. Noble has been drilling to find natural gas deposits in the 12th block known as...

The estimated amount of natural gas reserves within the Block 12 concession, operated by the Noble Energy Inc., has been revised downwards by a foreign independent consulting company, “Netherland Sewell & Associated Ltd”, which works with the American firm...

According to Environment and Energy Minister George Papaconstantinou, public gas corporation DEPA S.A. conducted a study on the potential of constructing an underwater pipeline connecting Cyprus and Greece. The construction project “is entirely feasible from a technical aspect”, Papaconstantinou stated...