Greece | Egypt Oil & Gas - Part 6
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.
Financing for Russian Gas Pipeline Secured: Greece
The financing of the extension of a pipeline carrying Russian gas from Turkey to Greece has been secured and a deal could be signed this month, the Greek energy minister said Monday.
