
The Prime Minister announced the upgrade of hydrocarbon exploration projects to projects of national importance, also aiming to clarify the image of the existence of possible gas fields in Greece by the end of 2023.
The meeting at the offices of the Hellenic Hydrocarbon Management Company under Kyriakos Mitsotakis and the participation of the political leadership of EDEY and the administration of HELPE on the exploration and exploitation of natural gas fields ended a few hours ago.
The PM’s messages
According to information, the Prime Minister sent the following messages for the resumption of investigations in view of the needs for energy efficiency of the country that has been triggered by the war in Ukraine:
1. We accelerate the program for the exploration and exploitation of hydrocarbons.
2. We upgrade the hydrocarbon exploration projects to projects of national importance.
3. We want to have a clear picture of gas reserves by the end of 2023 and whether they can be exploited
Task Force
For his part, Energy Minister Costas Skrekas announced the following immediate initiatives:
1. A new task force will be set up to monitor the progress of investigations.
2. The Ministry will take legislative initiatives to shorten the investigation times.
3. A letter will be sent to the concessionaires by EDEY informing them of the government’s intention to expedite investigations into the location and development of natural gas deposits.


Latest News

Hellenic Food Authority Issues Food Safety Tips for Easter
Food safety tips on how to make sure your lamb has been properly inspected and your eggs stay fresh.

Greek Kiwifruit Exports Smash 200,000-Ton Mark, Setting New Record
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.

Easter Tourism Boom: Greece Sees 18.3% Surge in Hotel Bookings
Among foreign markets, Israel has emerged as the biggest growth driver, with hotel bookings more than doubling—up 178.5% year-on-year.

Greece to Launch Fast-Track Tender for Offshore Hydrocarbon Exploration
Last week, Papastavrou signed the acceptance of interest for the two Cretan blocks, while similar decisions regarding the two Ionian Sea blocks were signed by his predecessor

American-Hellenic Chamber of Commerce to Open Washington D.C. Branch
AmCham's new office aims aims to deepen U.S.-Greece economic ties and promote investment and innovation between the two countries

Why Greece’s New Maritime Spatial Plan Is a Geopolitical Game-Changer
This landmark development is more than just a bureaucratic step — it's a strategic declaration about how Greece intends to use, protect, and assert control over its seas

Eurozone Inflation Eases to 2.2% in March
Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.

Bank of Greece: Primary Gov. Surplus €4.1b Jan.-March 2025
The data released today by the Bank of Greece revealed that the central government’s overall cash balance recorded a surplus of €1.465 billion in the first quarter of 2025, compared to a deficit of €359 million in the corresponding period of 2024.

Greek Government Reissues 10-Year Bond Auction for €200 Million
The amount to be auctioned will be up to 200 million euros, and the settlement date is set for Friday, April 25, 2025 (T+5)

Greece Defines Continental Shelf Limits and Maritime Zones in Landmark EU Document
The Maritime Spatial Planning (MSP) framework represents a comprehensive approach to spatial planning and is crucial for the successful development of a blue and circular economy