Energy Minister: Gas Exploration Starts Off Southwest Greece

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Mediterranean Gas plans to build an FSRU off the port of Volos, in central Greece.
It has invited LNG producers, private day tours in Delphi greece traders, large-scale consumers, industrial users and marine and shipping companies to submit non-binding interest in booking capacity by Dec.

ExxonMobil´s ship is already in operation in the area, Energy and rafina to Delphi airport taxi cost Environment Minister Kostas Skrekas said on state-run ERT television Thursday, just four days after Greece´s prime minister announced the project was to start.

NDTV is regarded by some as one of the few independent voices in India's rapidly polarising media landscape, and the takeover attempt has triggered concerns among journalists and politicians that a change of ownership could undermine its editorial integrity.

ATHENS, Nov 30 (Reuters) - As demand taxi Delphi greece grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports.

The country has already cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to the Revithoussa facility, which is 5 miles (40 kms)from Athens and can store 225,000 cubic metres of gas and regasify 1,400 cubic metres per hour.

Gastrade, owned by Greece's Copelouzos family, is developing an FSRU which will be anchored about 18 kilometres off the northern Greek port of Alexandroupolis, carrying gas to shore via a 28-kilometre-long pipeline.

More than a decade ago, NDTV founders Prannoy and Radhika Roy took 4 billion rupees ($50 million) in loans from VCPL, and Delphi airport bus in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.

One option would be for the NDTV founders to make their own open offer at a higher price to try to increase their stake and challenge Adani, said Shriram Subramanian, founder of proxy advisory firm InGovern. (Reporting by Munsif Vengattil in New Delhi, M.

Greece's sole operational LNG regasification and storage terminal on the Revithoussa islet off Athens has played a pivotal role in the country's strategy to wean itself off Russian gas and boost the security of supplies ahead of winter.

Adani Group's indirect control of a stake above 25% means it must put forward an open offer to purchase at least 26% more from existing shareholders in NDTV to give them an opportunity to exit, according to Indian regulations.

ATHENS, Greece (AP) - Greece´s energy and environment minister says U.S.
energy giant ExxonMobil has begun prospecting for natural gas off the coast of southwestern Greece, kicking off a delayed project as Europe seeks alternative energy sources due to the war in Ukraine.



NEW DELHI, Aug 25 (Reuters) - When India's richest man Gautam Adani this week unveiled plans for taxi Meteora airport to piraeus price his firm to control a majority stake in New Delhi Television (NDTV), it was the stealth approach in executing the transaction that drew most attention in the news industry.

in the region of southeastern Europe, in our region," he said. "The reserves we speculate exist southwest of Crete and the Peloponnese might be the last hope the mining industry has to find a large reserve ...

Meanwhile, the prospecting also comes at a time of heightened tension with Turkey, with which Greece has been at loggerheads over offshore exploration rights in the eastern Mediterranean. Turkish prospecting east of the southern Greek island of Crete two years ago prompted a military buildup.

The block reserved for the exploration includes part of the Hellenic Trench, where the Mediterranean´s deepest waters lie at more than 5,000 meters (17,000 feet).
The area is a vital habitat for the sea´s endangered sperm whales, and for other cetaceans already threatened by fishing, collisions with ships and plastic pollution.

Skrekas, who holds the portfolios of both energy and Delphi transport environmental affairs, insisted there would be no conflict of interest between the two, and that the main emphasis would be on environmental protection.

European countries have been scrambling to replace their former dependency on Russian fossil fuels following Russia´s invasion of Ukraine in February and the subsequent damaging of pipelines designed to carry natural gas from Russia to Germany.

"All research is being done with the basic priority of the protection of the environment," he said, speaking later in the best day trips Meteora at Greece´s Foreign Press Association. If viable gas deposits are eventually found, "no discounts will be made regarding safety and environmental protection" in any potential mining operations, he said.

Environmental groups have argued that deep-sea prospecting for resources Critics also highlight the potential risk of spills, and say the project, if successful, would increase Greece´s use of fossil fuels amid the planet´s climate change crisis.