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News - Greece

Displaying 1 - 10 of 151 articles

Bulgaria, Greece and SOCAR Team Up

The governments of Greece and Bulgaria seem to be forging stronger ties with Azerbaijan and its national gas champion, SOCAR, through mid and long term capabilities for its expansion in Southeast Europe. More specifically, the finalization of the privatization of Greece's national transmission...

Greece Grants TAP 50-year Licence for Independent Natural Gas System

Trans Adriatic Pipeline AG (TAP) has been awarded a 50-year licence for an Independent Natural Gas System (INGS) in Greece, reads a statement of the project to transport gas from Shah Deniz II field in Azerbaijan to Europe.  ‘The INGS license gives TAP the necessary approval for activities...

Increased Activity in the East Med Gas Sector

The East Mediterranean natural gas sector has been a riddle with continuous changes in plans by all players both state and corporate for quite some time. A set of new initiatives has shed more light into the activities, particularly those involving a potential new axis that will encompass Bulgaria, Greece...

Turning a Successful Start to a Success Story: Greek Offshore Exploration 2014

The Greek authorities officially announced the 2014 offshore exploration bidding round for 20 offshore blocks in the Ionian Sea and on the South of Crete in a conference that took place in London earlier this summer, with the support of the Greek Energy Forum. As expected, this event was received with...

Greek Energy Strategy Relies on Natural Gas

The Greek state has decided under its mid to long-term energy planning, to place emphasis on natural gas projects, aimed both for the domestic and the regional markets. All of them mentioned below have been approved by the EU's authorities, as Projects of Common Interest (PCI) or have been given a priority...

SOCAR and its Greek Gas Market Struggles

In mid-2013, Azerbaijan's SOCAR landed a deal with the Greek government under which it would assume control of its gas transmission company, DESFA, by acquiring 66% of the shares. Since then the agreement has been essentially frozen due to the EU Commission's objections, despite continuous lobbying from...

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