After the Signatures, Time for Action

Michalis Mathioulakis writes about the signing of the lease agreement for four offshore blocks in Crete and the Peloponnese between the Greek state and the consortium of Chevron and Hellenic Energy. He notes that the agreement marks the first step in a long process that could position Greece as a significant natural gas producer in Europe and the Mediterranean. However, actual progress will depend on a combination of government planning, market conditions, corporate priorities, and the geological realities of the drilling sites.

Click to read the article, in Greek.