December 10, 2024
Archeology, Culture, FEATURED
A white marble statue depicting a nude male in the Hellenistic style of Hermes Ludovisi type was found in Athens at a short distance of the Odeon of Herodes Atticus during works for a natural gas network on Monday. According to a statement by the Culture Ministry, the headless statue …
Read More »
November 29, 2024
FEATURED, Society, Very Mix
One 16-year-old boy died, two of his sisters are intubated in ICU, while a third sister and his mother are hospitalized in a normal ward after what it seems a gas leakage in their home in village Magiko byi the city of Xanthi in north-eastern Greece. The tragedy took place …
Read More »
January 17, 2024
Economy
Natural gas consumption fell 21.56% in 2023 compared with the previous year, the Hellenic Gas Transmission System Operator (DESFA) has said in a report. Total demand for natural gas fell to 67.60 terawatt-hours (TWh) in 2023, from 86.18 TWh in 2022. Domestic consumption fell 10.13% to 50.91 TWh and exports …
Read More »
March 20, 2023
FEATURED, Social, Society
A 62-year-old man, a retired Air Force officer, locked himself in his car with his twin toddlers, a boy and a girl aged 2.5 years old, and opened a gas canister in an attempt to put an end to the lives of all three. They were rescued after the man’s …
Read More »
November 24, 2022
Economy, FEATURED
“A cap at 275 euros is not in essence a cap,” Greece’s Environment and Energy Minister Kostas Skrekas said on Thursday. Arriving at the Council of Ministers meeting in Brussels, he pointed out that a gas price ceiling between “150 euros and 200 euros is a realistic ceiling.” Stressing that …
Read More »
October 13, 2022
Economy
The price of natural gas for domestic consumption in October is set at 11 cents per kilowatt-hour, according to sources of “Natural Gas Hellenic Energy Company”, which is the largest supplier in the sector. This price includes taxes as well as the subsidy announced by DEPA, which amounts to 9 …
Read More »
October 12, 2022
Economy
President Vladimir Putin said on Wednesday that Russia could redirect Nord Stream gas supplies to the Black Sea, and even set up a major gas hub for Europe in Turkey. Speaking at the Moscow Energy Week conference, Putin said that Russia would continue to expand the geography of its gas …
Read More »
September 30, 2022
Economy, FEATURED
EU Energy Ministers reached a political agreement on measures to mitigate high electricity prices: mandatory electricity reduction at 5% in peak hours, cap on market revenues from inframarginal electricity producers and solidarity contribution from fossil fuels producers, the Czech Republic that is currently holding the rotating EU Presidency said in …
Read More »
September 28, 2022
Economy
Τhe European Commission should set up an 80-billion-euro fund to deal with the fallout from high natural gas prices, proposed Environment and Energy Minister Kostas Skrekas to EU officials on Tuesday. Skrekas made the proposal ahead of the Ministers of Energy Emergency Council on Friday, in a letter to Executive …
Read More »
September 26, 2022
Economy
Greece, along with Italy, Belgium and Poland, has sent a letter to the European Commission ahead of a meeting by EU energy ministers on Friday, regarding a proposed cap on natural gas prices. According to points on a draft seen by the by Greek state-run news agency amna, the letter …
Read More »
September 5, 2022
Economy
European Union countries’ energy ministers will discuss options to rein in soaring energy prices including gas price caps and emergency credit lines for energy market participants, a document seen by Reuters showed. EU ministers will meet on September 9 to discuss urgent bloc-wide measures to respond to a surge in …
Read More »
July 21, 2022
Economy
After Spain, also Greece and Portugal rejected the proposal of European Commission that called for 15% cuts in natural gas consumption mainly to help Germany. Government spokesman Giannis Oikonomou told reporters at Thursday noon: “the Greek government does not agree on principle with the Commission’s proposal for a 15% reduction …
Read More »
July 21, 2022
Economy
European Commissioner President Ursual von der Leyen presented on Wednesday an emergency plan for the case Russia halts the supply of natural gas to Europe. The plan called “Save gas for a safe winter” provides that EU member state reduce annual gas consumption by 15%. “In case of a European …
Read More »
July 6, 2022
Economy
The Greece-Bulgaria (IGB) natural gas pipeline will start its operation by the end of July, Environment and Energy Minister Kostas Skrekas. The IGB pipeline will have the capacity to transport 3 billion cubic meters of natural gas, with option to upgrade to 5 billion cubic meters, the minister said. He …
Read More »
June 30, 2022
Politics
Public Power Corporation has worked out a plan to secure power supplies under an “extreme” scenario of Russia halting gas flows to Europe, its top manager said on Wednesday. PPC, which is 34% owned by the state, generates 50% of electricity in Greece and gas accounted for about 40% of …
Read More »
June 20, 2022
Economy
Gazprom’s natural gas flows to Greece will be interrupted from June 21 to June 27, according to information published by from state-run Public Gas Corporation of Greece DEPA. The interruption is due to the annual scheduled maintenance of the TurkStream pipeline, through which Greece is supplied. Gazprom announced on Saturday …
Read More »
April 29, 2022
Economy
Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its heavy reliance on Russian natural gas. A new pipeline – built during the Covid-19 pandemic, tested and due to start …
Read More »
April 28, 2022
Economy, FEATURED
“Greece will pay Gazprom in a way that will not violate sanctions and will ensure the country’s energy efficiency,” Energy Minister Costas Skrekas said on Thursday, following a gas supply emergency meeting chaired by the Prime Minister. the Greek government has worked out a Plan B for the case that …
Read More »
April 12, 2022
Economy, FEATURED
Prime Minister Kyriakos Mitsotakis announced on Tuesday that hydrocarbon exploration will be accelerated and revealed the six areas in western and southern Greece where concessions have already been awarded for this purpose. One land area and five offshore areas where concessions for hydrocarbon exploration have already been awarded in the …
Read More »
April 8, 2022
Economy, FEATURED
US Under-Secretary of State Victoria Nuland put a tombstone to all scenarios about reviving the EastMed pipeline project as well as other pipelines in eastern Mediterranean Sea. visiting Greece and Cyprus, Nuland clearly expressed the US position that Europe must move away from the gas dependence of Russian gas as …
Read More »
