Politics

Mitsotakis announces next week acceleration of natural gas investigations in southern Crete

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The acceleration of investigations for natural gas south of Crete is to be announced next week by the prime minister, as the Ukrainian crisis and the Russian blackmails act as a catalyst for developments and diplomatic ferment, according to an exclusive report by SKAI.

It is noted that today in Athens the crucial tripartite meeting of Greece, Cyprus and Israel at the level of Foreign Ministers is taking place, with energy issues being put on the table, while at the same time in the capital is the “No. 3” of the State Department Victoria Nuland, who will have a meeting with Mr. Mitsotakis and Foreign Minister Nikos Dendias.

Nuland’s visit comes a week after US Secretary of State Anthony Blinken’s visit to Israel, where they discussed how the US views developments in the Eastern Mediterranean, while Dendias met last week with his Egyptian counterpart Soukri.

It is recalled that the EastMed gas pipeline was “frozen” by Washington with justification the cost, but the crisis in Ukraine likely to change the data despite those about him Ankara’s wishes to the contrary.

In the government there are estimates for larger gas reserves in Crete, which can not only meet domestic demand, but also be exported. However, a clear picture of the deposits must first be formed as well as additional seismic and geological studies. At the same time, it is pointed out that it will take one to two years to complete the geological studies and three to four years until the drilling begins.

The area of ​​interest is south of Crete, and that is where the government will focus at an early stage, but active permits for production in Greece is a total of eightwhile five licenses are being explored west and southwest of the country.

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