Greek electricity system transmission operator ADMIE has posted record high revenues from interconnection usage rights in 2015 provided by Turkey, Bulgaria, Macedonia, Albania and Italy, which amounted to 57.3 million euros. Previous record was set in 2014, when these revenues amount to some 45 million euros, opposed to preceding years when the revenues from interconnection […]
Russian Minister of Foreign Affairs Sergei Lavrov has confirmed that Russia has not given up plans to build the gas pipeline which will carry Russian natural gas to Southeastern Europe across the Black Sea. Minister Lavrov also reminded that Russian gas company Gazprom, Italian company Edison and Greek Public Gas Corporation (DEPA) have earlier signed […]
Energean Oil & Gas announced that total production at Prinos and Prinos North offshore oil fields in Northeastern Greece has reached 4,000 barrels per day, which twice more compared to the period before the start of the current investment program. The statement from the company said that the increased production is a result of completed […]