ECONOMY

Oil exploration tender to be launched in 2014

The tender for the new rounds of oil exploration concessions off Crete and west of mainland Greece will be issued in the first half of 2014, Energy Minister Yiannis Maniatis told President Karolos Papoulias on Wednesday.

After conducting seismic research, Norway’s PGS is expected to have completed the evaluation of data obtained by the end of the year.