Crete Energy Blocks Approved

Energy 11 April 2025 21:00

Greece’s Environment and Energy Minister Stavros Papastavrou signed a ministerial decision on Friday defining the exact coordinates for the "South Crete 1" and "South Crete 2" sea blocks, paving the way for hydrocarbon exploration and exploitation, CE Report quotes Athens-Macedonian

The move precedes an international bidding process to be announced in the EU’s Official Journal by the end of April, with bids due by the end of August. Parliamentary approval is expected by year’s end.

This follows a prior decision on April 4, 2025, accepting an expression of interest from Chevron Balkans Exploration BV for the same blocks.

“The Mitsotakis government remains committed to making Greece energy-secure, investment-friendly, and strategically strong,” the ministry stated.

Tags

SMRs Discussed at Sofia Energy Forum

10 April 23:30

An international conference in Sofia, organized by the Bulgarian Energy and Mining Forum and the Canadian Chamber of Commerce in Bulgaria, focused on the role of small modular reactors (SMRs) in achieving decarbonization goals.

Moldova relies on Azerbaijani gas imports to secure energy supply - minister

4 April 20:00

Moldova plays an important role in the Southern Gas Corridor initiative and was the first country to commercialize the Greece-Bulgaria gas interconnector, said the Moldovan Minister of Energy, Dorin Junghietu, Trend reports.

Bulgaria supports further dev’t of partnership within Southern Gas Corridor - minister

4 April 19:00

Bulgaria supports the further development of partnership relations within the Southern Gas Corridor, said Bulgarian Minister of Energy Zhecho Stankov, Trend reports.

Romania supports Southern Gas Corridor's extension to Balkans

4 April 15:00

Romania is committed to expanding the Southern Gas Corridor, which plays a crucial role in Europe's energy security, said Romania’s Minister of Energy Sebastian-Ioan Burduja, Trend reports.