Two consortiums win oil gas concessions in Greece

(MENAFN) Two consortiums led by Energean Oil and Hellenic Petroleum have won awards from the Greek government to search for oil and gas in two blocks in the western part of the part, Reuters reported.The cash strapped country seeks to develop potential hydrocarbon reserves in order to save money on energy imports. Athens spends about USD13 billion to USD15.5 billion annually on oil imports.The ...

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