At least 3 billion barrels of oil and estimated 4 trillion cubic feet of natural gas are hidden in the Ionian Sea and south of the island of Crete, Yannis Bassias, Chairman and CEO Hellenic Hydrocarbon Resources Management said on Monday. Drilling is to start within three years after signing of the relevant contracts, he … The post Oil and Gas reserves worth €600 billion in Ionian Sea and South Crete appeared first on Keep Talking Greece.
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