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Newsletter 329 - 25/02/2022
are expected to rise. Greece gets about 40 pct of its natural gas from Russia. Over recent weeks, the energy... scenario would see all access to Russian gas interrupted. Contingency plans are thought to involve... to oil where possible in order to conserve natural gas. The government is already acutely aware
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Newsletter 331 - 11/03/2022
of the EU’s wholesale gas market and the “outlandish prices” being paid by electricity producers... of the summit in Versailles. It appears that there is resistance to the idea of capping natural gas..., policies encouraging increased dependence on imported natural gas, and the privatisation of the national
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Newsletter 337 - 13/05/2022
to electricity and natural gas subsidies, which will be funded from the revenues of the Green Transition Fund... goods. Electricity was up 88.8 percent annually and natural gas shot up by 122.6 percent. Heating oil... to rents, electricity, natural gas and heating oil, and a 15.4 percent surge in transport due to fuels
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Newsletter 338 - 20/05/2022
gas, and investment opportunities in Greece.] Tuesday’s speech gave Mitsotakis an opportunity... for liquefied natural gas (LNG), and set out his own political ideology, warning against the threat posed... natural gas installations in Greece, in order to become the main gateway that will supply LNG from the US
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Newsletter 343 - 24/06/2022
for the worst-case scenario of “a total loss of gas supplies from Russia”. On Monday it emerged that gas flows on the TurkStream pipeline which is the main gas supply route from Russia will be interrupted for a week to undergo annual maintenance. Gas supplier DEPA said it had received prior notice from
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PM pledges another billion for energy bills as govt retreats over environment bill
PoliticsGreek Politicson Russian gas. He also argued that more needed to be done to regulate gas prices, arguing....” The Greek PM proposed that the EU re-examine the link between gas and electricity prices, claiming that with the cost of gas “going through the roof, this mechanism makes no sense whatsoever.” Ahead
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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek PoliticsThe energy price spike prompted by the indefinite shutdown of Russian gas supplies to northern... measures to moderate the cost of support measures. Benchmark natural gas prices soared by 30 pct... interruption of natural gas supplies from Russia. Greece is supplied via the TurkStream pipeline
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Opposition lambasts Mitsotakis over support package, accuses PM of election scaremongering
PoliticsGreek Politicsto switch away from natural gas, which has become the most expensive energy source, and electricity, which is highly dependent on natural gas. The minister noted that out of the 2.9 billion euros... electricity or gas to oil for heating are to receive a double payment. According to official estimates
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Athens hopes strengthening of US ties brings geopolitical benefits
PoliticsForeign Policynatural gas from Alexandroupolis to Ukraine, safeguards Greece’s “energy and geopolitical security... willingly and actively in the US plan to exclude Russian gas from European markets and replace... deposits are confirmed, Greece can cover its natural gas needs for many years," noting
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Broad agenda for Kerry's visit to Athens
PoliticsForeign Policythat Washington's long-term plans include the construction of an LNG gas terminal that could be constructed in Alexandroupoli, in northwestern Greece. The gas terminal will supply the European market gas through... in the future US shale gas to be transferred to Europe. For this reason, the US has warmly welcomed the so
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