Gazprom temporarily halts natural gas supplies to Greece

The flow of Gazprom’s natural gas to Greece will be stopped from tomorrow, June 21, until June 27, according to ΔΕΠΑ Commerce. The break, according to available information, is associated with the annual scheduled maintenance of the Turkish Stream gas pipeline, which supplies our country. The interruption of natural gas supplies is not expected to […]

Gas: what subsidies will households and businesses receive in May

Support is provided for gas consumers in the implementation of new measures to overcome the energy crisis in Greece. In addition to the fact that electricity bills were announced, Minister of the Environment and Energy Kostas Skrekas also mentioned natural gas. According to him, for the population (i.e. according to tariff for the population) the […]

How Greece will pay for Russian gas

Today’s extraordinary meeting of EU energy ministers will be decisive for further steps in the energy “war” with Russia, which requires payment for gas in rubles and has already “turned off the taps” of Bulgaria and Poland. Sources in Greek energy companies with deals with the Russian gas supply company Gazprom report compliance with the […]

Electricity bills from June: to be installed "ceiling" prices

The Prime Minister of Greece announced a new national program to support the population and counteract the consequences of the war and the “explosion” of imported energy prices at yesterday’s cabinet meeting. Mr. Mitsotakis said that “intervention in the field of wholesale electricity prices will be declared valid from June.” The bills that households and […]

Revitus: gas reserves in Greece

Prime Minister Kyriakos Mitsotakis visited the Revitus LNG terminal today. The plant has the ability to supply natural gas both to the Greek market and to the markets of neighboring countries and is one of the most important energy infrastructure facilities not only for our country, but also for the wider region of South-Eastern Europe. […]

Accelerated natural gas exploration plan in six regions of Greece

The Prime Minister of Greece announced the upgrade of hydrocarbon exploration projects to projects of national importance after a meeting at the office of the Hellenic Hydrocarbon Management Company with the participation of ELPE management. Goals were also set to clarify the picture of the existence of possible natural gas deposits in Greece by the […]

How the EU is going to overcome dependence on Russian energy supplies

According to the International Energy Agency, current market conditions could lead to excessive profits of up to 200 billion euros per EU from electricity generation using natural gas, coal, nuclear power, hydroelectric power and other renewable sources in 2022. EU leaders are expected to give member states the green light to temporarily tax some energy […]

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