Thursday December 18, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Oil reserve deals ready for signing

By Chryssa Liaggou

The government’s negotiations with the contractors that will utilize the country’s oil reserves at Ioannina and in the Patraikos Gulf are in the final stages, with the ministries of Energy and Finance having responded to a request from investors to secure taxation stability.

The signing of the contracts is now just a matter of days, with the consortium of Hellenic Petroleum with Edison and Petroceltic to utilize reserves in the Patraikos Gulf and that of Energean Oil with Petra Petroleum to do so at Ioannina.

The firms have already received the final drafts of the contracts, including a special term ensuring tax stability for the 25-year duration of the reserve concession, and legal teams have already agreed on the English text.

According to an official familiar with the proceedings, this means the contracts may be signed in the next three weeks.

ekathimerini.com , Tuesday Jan 14, 2014 (22:21)  
Stores will open on Dec 28, but traders aren’t too happy about it
More Britons and Americans eyeing Greece for vacations
Vodafone and Wind to bid for Forthnet
Credit line conditions laid out
Universities ask state to reverse mobility scheme
Rectors representing the country’s largest universities on Wednesday appealed to the government to take immediate action to relieve operational problems at the institutions that have been ca...
Thessaloniki metro off track again
The troubled project to construct a metro system in Thessaloniki, which is already several years behind schedule, could be set for another blow as the consortium building the underground tra...
Inside News
BASKETBALL
Pappas helps Greens overcome Aris
An impressive Nikos Pappas averted an upset by Aris and ensured Panathinaikos retained its perfect record on Tuesday, one day after Olympiakos thrashed Panionios at Nea Smyrni for the Basket...
´Wee Jay´ and idol Georgios Samaras receive Greek sports journalists´ award at Athens gala
A 10-year-old Irish fan of Greek striker Georgios Samaras was in Athens on Monday at the invitation of the Greek Sports Journalists' Association, which honored outstanding achievements in sp...
Inside Sports
To keep Turkey democratic, tie it closer to EU
Sunday's arrest of two dozen policemen and journalists in Turkey, including the editor of the country's most popular newspaper and a producer of television dramas, was just the latest eviden...
COMMENTARY
Greek stocks and bonds suggest government may fall
Greek lawmakers will vote Wednesday on whether to back Prime Minister Antonis Samaras's choice for a new head of state. The collective wisdom of financial markets suggests his gambit may fai...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Stores will open on Dec 28, but traders aren’t too happy about it
2. More Britons and Americans eyeing Greece for vacations
3. Vodafone and Wind to bid for Forthnet
4. Credit line conditions laid out
5. Bourse index recovers some lost ground
6. Piraeus ambitions one step closer as China signs Balkan bullet train deal
more news
Today
This Week
1. High stakes
2. Leftist SYRIZA leading ND by 3.2 pct, survey shows
3. The secret is out
4. Poll gives SYRIZA clear lead
5. Greek political fallout a worry, but financial contagion seen limited
6. Samaras seeks Parliament’s backing to stop SYRIZA threat
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. East Europe scrambles for energy after Putin kills South Stream
6. Anarchist Nikos Romanos ends hunger strike
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.