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Tag Archives: Natural gas

Greece, Israel & Cyprus sign “historical” Cooperation Agreement on Energy

Greek Prime Minister Alexis Tsipras, Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos Anastasiades came together to Nicosia and signed a joint cooperation declaration that has been hailed by the three leaders as “historical”.  The three leaders pledged closer cooperation in seven fields: energy, tourism, research and technology, environment, …

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Greece -Turkey: tension is high as Ankara tries to conduct research in Cyprus EEZ

A new tension is high between the arch rivals and close neighbors on the west and east of the Aegean Sea, as Turkey is staging one provocation after the other, playing the game the country knows very well: claiming rights in the Aegean and the Eastern Mediterranean Sea. Reason for …

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Cheap natural gas for all! Greece – Gazprom reach price reduction deal

Greece’s  state-run natural gas distributor DEPA and Russian energy giant Gazprom reached an agreement on gas supply with price cuts backdated to last June. The deal announced by Greek Environment Ministry on Tuesday will have immediate impact to private consumers and industry. Greece’s state-run natural gas distributor DEPA said that …

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Almost half of Greek households cannot afford heating oil

…and another half cannot afford to heat with natural gas, I suppose, because prices are just slightly lower. However the real plague is indeed the heating oil, because people have to fill the tanks and stump up some 700-800 euro. in advance. 44 % of Greek households told a survey …

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Greece to raise extra fees for natural gas consumption

Their imagination is endless when it comes to steal the last cent I do not have form my pocket. Greek Energy Regulatory Authority plans to raise a so-called ‘security of supply” fee for consumers who use natural gas to heat their homes. The fee allegedly aims to “finance actions to …

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Reuters: Greece Looks Out to Sea for Gas Wealth of $600 Billion

Offshore natural gas could dramatically change Greece’s fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters. The study, collating existing scientific data, says that geological similarities indicate that reserves offshore Crete …

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Kastellorizo: What’s in the mind of Turkish FM Davutoglu?

That Ankara keeps an eye on the islet of Kastellorizo is not new. But Turkey’s insistence that the tiny island  should be left out of the bilateral exploratory talks is something I don’t like at all. Should we see it as an Ankara’s attempt to create a new ‘grey zone’? Not similarly to …

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American Jewish Leaders to meet the Greek Political Leadership

I am impressed! The fifty members of the Conference of Presidents of Major American Jewish Organisations, currently in Greece for their annual meeting, will have talks with the political creme de la creme of what the humble and debt-ridden country has to offer. Staring with the President of the Greek Republic and Prime …

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Azerbaijan to supply gas to Greece without Turkey’s mediation

Azerbaijan, Turkey and Greece agreed to sign a new agreement. It will allow transporting  Azerbaijani gas to Greece without the mediation of Turkey, Azerbaijani Minister of Industry and Energy Natig Aliyev said following the signing of the protocol at the third meeting of the Azerbaijani-Greek intergovernmental commission on economic cooperation. …

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Clinton in Athens to bless Greek-Israeli energy cooperation

 Although not officially announced yet, US Secretary of State Hillary Rodham Clinton is due to visit Athens next month, most likely on February 6 or 8, 2011.  Clinton will hold talks not only with her Greek counterpart Dimitris Droutsas but – and not differently excepted -with Prime Minister George Papandreou. …

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Israel Offers Natural Gas to Greece?

Many wondered about the real agenda of the sudden “love, friendship & cooperation” outbreak between  Greece and Israel, call me ‘diplomatic rapprochement”. Was it due to deterioration of  Ankara’s relations to Tel Aviv? Was it due to discovery of natural gas resources offshore Israel? Was it due to swifting of …

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