Greece | Egypt Oil & Gas - Part 6
Bulgaria, Greece Plan to Build Greek LNG Terminal
Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have launched a joint task force to work on a proposal to build an off-shore liquefied natural gas (LNG) terminal in northern Greece, G...
Rosneft, Hellenic Petroleum Inked Oil Supplies Agreement
Russia’s state-run Rosneft oil company and Greece’s Hellenic Petroleum signed an agreement on key conditions for the supply of Russian crude to Greece and the trading of oil products, Sputnik news agency r...
Greece’s Sole Oil Producer Increase Output by 30%
Greece’s sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30% since January, as the debt-ridden country seeks to tap into its limited oil reserves. Plunging crude prices have d...
Iran’s Oil Exports to Greece Increase
Iran started exporting 60,000b/d of crude oil to Greece, under a recent agreement with Greece’s biggest oil refiner Hellenic Petroleum, Mehr News reported. “Greece was considered as one of Iran’s traditional oil mark...
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, reported Reuters. The 870km pipeline, which will link Azerbaijan’s gia...
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 o...
Egypt, Greece and Cyprus Discuss Energy Cooperation
President Sisi visited Athens on December 8th to discuss Egypt-Greece relations pledging the expansion of energy industry ties, Associated Press reports. Greece seeks to aid its industry in light of its current econom...
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, IRNA reported. Greek Foreign Minister Nikos Kotzias, visiting Tehran...
