Monday May 4, 2015 Search
Weather | Athens
14o C
09o 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)  
Greek jobless legacy adds to danger for Tsipras as funds dwindle
Greek nerves turning Asian money off Europe, ADB economist says
Government too conscious of its image
Tenders add term for ‘other currency’
Coalition aims for broadcaster´s swift reopening after MPs approve ERT law
The government is aiming to reopen state broadcaster ERT by next Monday, according to reports. Parliament voted late on Wednesday to reopen ERT, which was shut down in June 2013 and later re...
Most of 18 inmates injured in deadly prison brawl discharged from hospital
Fifteen of the 18 inmates injured during deadly clashes at Korydallos Prison on Sunday night were discharged from the hospital on Monday. The remaining three prisoners are still receiving tr...
Inside News
TRACK & FIELD
Over 18,000 runners participate in the Athens Half Marathon
The 4th Athens Half Marathon was an unqualified organizing and sporting success on Sunday, as thousands of runners joined in the race of the 21-kilometers and the 3k and 5k runs in the capit...
SOCCER
Six teams to fight to avoid the last relegation spot
Panthrakikos was the biggest winner of the penultimate round of Super League games on Sunday through its victory at Veria, on the day that Olympiakos partied for its fifth consecutive title....
Inside Sports
COMMENTARY
Varoufakis should be heard
I have never met or spoken to Yanis Varoufakis, Greece's finance minister. Yet I feel I have gotten to know him through his writing and interviews, and by reading about his interactions with...
COMMENTARY
Wrong from the start
If the prime minister had handled negotiations with Greece’s international creditors differently from the onset I would bet that he would have achieved an excellent deal both for himself and...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Coalition aims for broadcaster´s swift reopening after MPs approve ERT law
2. Most of 18 inmates injured in deadly prison brawl discharged from hospital
3. IMF being stubborn on measures, says Skourletis
4. Greek jobless legacy adds to danger for Tsipras as funds dwindle
5. Greek nerves turning Asian money off Europe, ADB economist says
6. Greece cites progress in talks with lenders, aims for May deal
more news
Today
This Week
1. Greek jobless legacy adds to danger for Tsipras as funds dwindle
2. Greece cites progress in talks with lenders, aims for May deal
3. IMF being stubborn on measures, says Skourletis
4. Greek nerves turning Asian money off Europe, ADB economist says
5. Varoufakis should be heard
6. Most of 18 inmates injured in deadly prison brawl discharged from hospital
Today
This Week
1. The Good, the Bad and the Ugly
2. Greece’s day of reckoning inches closer as debt payments loom
3. Greek decision to exit euro would be disastrous for Greece
4. Greece’s decade-long relationship with Merkel
5. Varoufakis attacked by anarchists while dining in Athens
6. No need to widen the rift
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.