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The ITGI pipeline project is looking to ship natural gas from recently discovered Israeli and Cypriot gas fields but has not given up hope on gas from Azerbaijan, its chief executive said. Elio Ruggeri, head of the Italy-Turkey-Greece-Interconnector (ITGI), said on Friday the project was not tailor-made...
Various reports indicate that major international energy companies have accelerated their moves to enter the research process in the Eastern Mediterranean natural gas fields, by attempting to join with established companies already operating in the region such as Noble Energy. Gazprom, Gaz de France...
In the mid-60s, John F. Kennedy stated the famous geography has made us neighbors, history has made us friends, economics has made us partners and necessity has made us allies having the flourishing US-Canadian alliance on his mind. Fifty years later, those words have a deep meaning for a newborn block...
The Greek state privatisation agency has confirmed that Russian major supplier Gazprom has been cleared to bid a tender for a stake in the Greece's national gas company Depa. The agency told Russian newspaper Ria Novosti that Gazprom had been approved to bid for a majority stake in the company, which...
Gazprom is seeking to take advantage of Turkey’s precarious energy situation and Greece’s financial woes to strengthen its influence in southeastern Europe. Although fears will undoubtedly surface over Moscow’s role in the region, for both Ankara and Athens the financial power of the...
The Hellenic Republic Asset Development Fund has announced the completion of the pre-qualification stage for expressions of interest in the privatization of the Public Gas Corporation S.A (DEPA S.A.) and its subsidiary the Hellenic Gas Transmission System Operator (DESFA S.A.). HRADF noted that there...
The Trans-Adriatic Pipeline consortium would be open to partnership from Italy and Greece, according to Rikard Scoufias, TAP's country manager for Greece. Speaking to Bloomberg in Athens yesterday, Mr. Scoufias said that the consortium would welcome participation from those two countries given TAP's...
On March 27th and 28th, an important international energy conference was held in Athens involving top officials from the United States, Greece, Israel, Cyprus and other countries. Attendees also included delegations from industry participants, including Noble Energy, which has recently achieved significant...
Gazprom has officially confirmed that it is considering a bid for Greece's DEPA, following a meeting between the CEOs of Gazprom and Prometheus Gas on Friday. "Alexey Miller and Dimitrios Copelouzos discussed the possibilities for Gazprom Group to take part in Greek DEPA Group privatization through...
The Greek natural gas network manager company DESFA, has proceeded into announcing an international tender competition for the upgrade of its LNG terminal in Revythousa Island. The project will see a 115 million Euros upgrade that includes the construction of a third LNG depot able to hold 95,000 cubic...