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