Speaking on Thursday, June 16, at the 13th South Eastern Europe Energy Dialogue organized by the Southeast European Energy Institute in Thessaloniki, Dr. Katerina Sardi, CEO and Country Manager of Energean in Greece characterized the agreement signed on Wednesday in Cairo between the European Union, Israel and Egypt as particularly important. The agreement provides for the export of Israeli gas to European markets through Egyptian liquefaction terminals.
Additional research
At the same time, Ms. Sardi noted that further exploration and utilization of our natural resources should be undertaken ASAP to avoid a future energy crisis in Europe. In addition, according to Ms. Sardi, Europe should fill the gas storage facilities by 80% by November and by 90% thereafter, and strengthen European infrastructure, with emphasis on the possibility of transporting natural gas through pipelines from the main LNG reception points to consumers.
Energy security
The CEO and Country Manager of Energean in Greece also estimated that investing in the development of gas fields and the required infrastructure will enhance energy security, without hobbling the goal of transition to a low-emission economy.
Finally, Ms. Sardi mentioned the $ 3 billion Energean investment focusing on gas production in the Eastern Mediterranean, and the company’s plans to build the first CO2 storage complex in Prinos, with parallel production of ecological hydrogen (Eco H2).
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
