Tuesday March 31, 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 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)  
Hoteliers hire firm to monitor illegal tourism accommodation
Construction crumbles by 80 percent in just five years
Cosco plans for ship repair unit at Salamina
Greek bourse benchmark closes at the days high
Major effort under way after floods in Serres
Local authorities, residents and members of the armed forces in Serres, northern Greece, worked together on Monday in an effort to limit the damage caused by the Strymonas River, which broke...
Golden Dawns No 2 released, as protests over trial linger
Just weeks before the leadership and around 70 members of Golden Dawn are to go on trial, the neo-Nazi partys second-in-command, Christos Pappas, was released from jail on Sunday as the 18-...
Inside News
SOCCER
Cyprus soccer eyes reunion after 60-year divorce
Turkish Cypriot soccer officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split isl...
SOCCER
Three Greek internationals injured in Budapest car crash
Three Greek international soccer players were slightly injured on Monday in a car crash as they travelled by taxi to Budapest airport following Greece's Euro 2016 qualifying goalless draw ag...
Inside Sports
INTERVIEW
Releasing migrants from detention centers not enough, says UN rights watchdog
The Greek government's shift on immigration is the beginning of what will no doubt be a difficult process, according to Jan Jarab, regional representative for Europe of the High Commission...
COMMENTARY
Tsipras needs rupture with far-left, not Brussels
Does Alexis Tsipras, the Greek prime minister, have the guts to break with his far-left faction? The countrys fate hangs on the answer to this question. Greeces immediate prospects are dic...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Cyprus soccer eyes reunion after 60-year divorce
2. Hoteliers hire firm to monitor illegal tourism accommodation
3. Construction crumbles by 80 percent in just five years
4. Cosco plans for ship repair unit at Salamina
5. Major effort under way after floods in Serres
6. Golden Dawns No 2 released, as protests over trial linger
more news
Today
This Week
1. ECB nerves fray on Greece as supervisors rile central bankers
2. Greek markets show all at risk should mistake trigger a default
3. Talks in Brussels continue but Greece and lenders 'not there yet'
4. Greece says not backing down on debt relief goal
5. Work on tram extension begins in Piraeus
6. European stock-index futures rise as investors look to Greece
Today
This Week
1. Next Monday is D-Day for state funds
2. Eurogroup unlikely to be held soon to discuss Greek reforms
3. Moscow expects progress from Tsipras visit
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Greece optimistic on deal with euro area next week
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.