Greece | Egypt Oil & Gas - Part 5

EU Approves Trans-Adriatic Pipeline Deal

The European Union has approved a deal between Greece and the Trans-Adriatic Pipeline (TAP), which will bring gas from Azerbaijan to Europe.

Iran Marks First Crude Sale to Europe, Signs Deal with Greece

National Iranian Oil Company (NIOC) and Greek's largest refinery, Hellenic Petroleum (ELPE) have reached a long-term agreement to immediately start the shipment of Iranian oil to Greece, marking the first sale of Isl ...

Egypt, Greece and Cyprus Discuss Energy Cooperation

President Sisi is in Athens December 8th and 9th to discuss energy cooperation between Egypt, Greece and Cyprus.

Greece to Pay Off $800m Debt in Oil Purchases to Iran

Greece is to enter in negotiations to pay off its $800m debt to Iran for oil purchases conducted prior to the sanction regime was imposed on Tehran.

Russia Provides Greece with Energy Lifeline

The Kremlin will do its part in the Greek economic recovery by working to support the country's energy sector, Russia's energy minister said.

Russia May Bailout Greece on Energy Needs

According to a report in Russian state-run media outlet Sputnik News, Russia is nearing an agreement to make "direct deliveries" of energy to Greece.

Gas Shortage Could Be Next Woe in Greek Crisis

The Greek government’s hunger for cash has stripped the state-run gas company of most of its reserves, raising doubts about how long the country can pay for imports.

Crude Oil Falls Below $60 a Barrel Amid Greek Crisis

Brent crude oil has fallen below $US60 a barrel due to concerns that the Greece crisis may stifle economic growth while also driving up the value of the US dollar.

Bulgaria Says Gas Interconnector with Greece Could Break Russian Monopoly

Bulgarian Foreign Minister Daniel Mitov pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.

Oil Hits New Low as Greece Fails to Reach Euro Deal

Oil dropped to a three-week low amid concern Greece’s failure to reach a deal with international creditors will prompt its exit from the euro area.

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