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Athens Macedonian News Agency: News in English, 14-07-07
CONTENTS
[01] Greece to launch oil exploration tenders this fall
[02] Zakynthos to get twinned with Chinese Shandong
[01] Greece to launch oil exploration tenders this fall
ANA/MPA---The Greek government expects bids from oil companies on
oil exploration projects in 20 regions in the Ionian Sea and south of
Crete to be submitted by March 2015. This will be followed by at least a
three-month period of evaluating the bids in order to award the projects
by mid-2015.
The timetable of oil exploration projects was unveiled on Monday, while
Environment, Energy and Climate Change ministry officials, who noted
the strong interest by oil companies for the projects during a roadshow
last week in London. The official attributed this interest on strong
evidence of significant energy reserves, following seismic research
made in the regions and the consistency showed by the Greek state in
promoting these projects.
Under the timetable presented, the ministry will launch an international
tender for the projects this fall.
Ministry officials said that there was no reaction whatsoever by any
neighboring countries during the process of seismic research and the
publication of sea regions. The state's revenues, beyond taxation (20 pct)
and regional tax (5.0 pct) will also include rights according to the
size of the field. The tender, according to sources, will exclude off
shore companies and the participation of one company in more than one
regions. A ministry analysis of seismic research made so far estimates
state revenues from Patras Gulf, Katakolo and Ioannina to around 6.0
billion euros (reserves of 100 million barrels at an average price of
90 dollars/per barrel)
[02] Zakynthos to get twinned with Chinese Shandong
ANA/MPA---The Chinese province of Shandong, the birthplace of Confucius,
and the municipality of Zakynthos on Tuesday will hold a twinning
ceremony. A Shandong delegation, accompanied by Chinese media, is
visiting the Greek island between Monday and Wednesday, July 9, aiming
at building bilateral relations in culture and tourism.
The Chinese delegation will offer the Zakynthos municipality a statue
of Confucius, which expresses its intention to proceed with the building
of cultural exchanges and the promotion of tourism.
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