Deputy Minister of Environment and Energy Alexandra Sdoukou made a significant diplomatic visit to Baku, Azerbaijan last Friday, representing Greece at the 10th annual Southern Gas Corridor Advisory Council Meeting. During the meeting, she presented Greece’s proactive initiatives aimed at establishing the country as a pivotal natural gas transit hub.
This high-profile event, presided over by President Ilham Aliyev, drew government representatives from 22 nations, along with the presence of Kadri Simson, the EU Commissioner for Energy.
Azerbaijan, through its Τrans Anatolian Natural Gas Pipeline Project (TANAP) and TAP pipelines (stretching through Greece, Albania, and Italy), currently furnishes Europe with an annual supply of 11 billion cubic meters of natural gas, in addition to catering to the energy needs of Turkey and Georgia.
The primary agenda of the meeting revolved around exploring Azerbaijan’s and its state-owned company, Socar’s, capacity to augment gas exports through the TAP pipeline by an additional 10 billion cubic meters. Europe’s keen interest in this endeavor stems from its desire to diversify its energy sources, reducing reliance on Russian natural gas.
Sdoukou’s participation highlighted Greece’s strategic aspirations to emerge as a vital nexus for natural gas transit, not only within its own borders but also throughout markets along Greece’s northern borders. Moreover, she emphasized Greece’s anticipated capability to export a minimum of 8.5 billion cubic meters of natural gas by 2025, leveraging its extensive pipeline network and complementary infrastructure.
Source: tovima.com
Latest News
Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity
Ongoing earthquakes rattle Greece's Cycladic islands, but experts believe activity may be slowing.
Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report
The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors
Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline
Conversely, numbers indicate that exports declined, totaling to 49.90 billion euros in 2024, down from 51.02 billion euros in 2023 marking a 2.2% decrease.
Culture Ministry Takes Action to Protect Santorini’s Antiquities
So far, no damage has been reported to the island’s cultural heritage, with exhibits already safeguarded. Meanwhile, the Greek Ministry of Culture held an emergency meeting on February 6.
How Many Tourists Visit Santorini Each Year?
As Santorini continues to shake with earthquakes, one big concern is what these quakes will mean for the island’s tourist season.
Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report
The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors
PM Kyriakos Mitsotakis Visits Santorini Amid Ongoing Seismic Activity
A top Greek seismologist, who is accompanying the prime minister, will identify locations for the installation of tide gauges, as there were none in the area.
Santorini’s Tourism in Jeopardy: Earthquakes Disrupt Cruise Arrivals
If seismic tremors persist for an extended period, there is a significant risk that the island could lose its Easter tourism season.
New Board of Directors for the Union of Greek Shipowners (UGS)
The annual UGS general assembly and the election of a new board concluded on Thursday - Melina Travlos is expected to be re-elected as UGS president
Global Leaders Convene in Paris for Pivotal AI Summit
Circles close to the presidency of the French Republic, emphasize that the issue of developing artificial intelligence should not evolve into a battleground between the US and China highlighting the "awakening of Europe" regarding AI.