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Russia might offer Greece advance funds for future gas project

Russia is thinking about soon offering Greece funds based on future earnings it could obtain from conveying Russian gas to Europe as part of a pipeline development, as stated by two Greek government sources on Wednesday.

read more... 09/04/2015

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Bulgaria and Greece decided to accelerate work on gas connection

Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.

read more... 13/02/2015

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Turkey could recommend LNG project to Russia

Turkey might suggest to Russia constructing an LNG terminal in an energy complex on its border with Greece, as part of discussions on intended new gas pipeline with its northern neighbour, as stated by Turkish Energy Minister Taner Yildiz.

read more... 12/12/2014

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Greece: electricity grid operator Admie signs 240 million euro agreement

Greek powery grid operator ADMIE, entirely owned by the country's major electricity producer PPC, signed a 240 million euro (310.39 million US dollar) contract with foreign and local firms to link Greek islands with the continental grid.

read more... 11/09/2014

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Chinese State Grid mulls Mediterranean power network

The European Commission’s dream to continental power grids which could be able to function in unison could soon become true, as State Grid Corporation of China, the world's largest utility by revenues, has acquired minority stakes in Portuguese and Italian grid operators and is equally envisaging buying stakes in Greece and Spain.

read more... 11/08/2014

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