Sunday February 1, 2015 Search
Weather | Athens
16o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Oil reserve deals ready for signing

By Chryssa Liaggou

The governments negotiations with the contractors that will utilize the countrys 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)  
Dijsselbloem says Greece has to decide how to move ahead
ECBs Constancio signals Greek waiver may end if program dropped
Greece starts countdown to cash crunch saying bailout over
How Greece can run out of cash and what ECBs Draghi can do
Europe waits for proposals from Athens
European officials believe that there is scope for an agreement with the new Greek government but that Athens will have to accept a compromise on its demands. Officials in Brussels told Kath...
Notes provide more clues on prison breakout scheme
Police have found handwritten notes exchanged between 22-year-old Angeliki Spyropoulou and jailed members of the Conspiracy of the Cells of Fire at a safe house in Loutraki, west of Athens, ...
Inside News
BASKETBALL
Panathinaikos preserves perfect home record
After yet another great performance at home, Panathinaikos defeated Galatasaray 86-77 in Athens on Friday to get to three wins in five games at the Euroleague top-16. The Greek champion shoo...
SOCCER
Gattuso: Unpaid OFI players couldnt buy food
Former coach Gennaro Gattuso has lifted the lid on the plight of crisis-club OFI Crete which has been banned from playing in the Super League until it clears mounting debts with its staff. T...
Inside Sports
ANALYSIS
Greece shakes Europes political kaleidoscope: expect the unexpected
By catapulting to power an improbable alliance of the hard left and nationalist far right, Greece has shaken up Europe's political kaleidoscope and may have signalled the end of an era of ce...
COMMENTARY
Unyielding truth
Finance Minister Yanis Varoufakiss recent statement that growth does not mean having Porsche Cayennes in the narrow streets of Greece has made something of an impression and is now being ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Dijsselbloem says Greece has to decide how to move ahead
2. Europe waits for proposals from Athens
3. Notes provide more clues on prison breakout scheme
4. Drug prices are falling but volume sold remains high
5. Tsipras plays down chance of rift
6. Ex-revenues chief Theoharis claimes political interference
more news
Today
This Week
1. Dijsselbloem says Greece has to decide how to move ahead
2. Greece shakes Europe's political kaleidoscope: expect the unexpected
3. US to work closely with Greece and EU to resolve differences, says White House
4. Merkel rejects debt writedown for Greece
5. Greek bank debt plummets as investors head for the exit
6. Greek markets plunge as SYRIZA digs in on challenge to austerity
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. SYRIZA's win will test institutions
4. EU must accept that Greek debt relief is inevitable
5. Greek Elections 2015: The day after | LIVE
6. Athens may veto further EU sanctions against Russia
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.