exploratory drilling
“Asopos-1” drilling operation scheduled for April 2027, with 16% chance of successful outcome
ATHENS. The initial estimate puts potential natural gas resources at 270 billion cubic metres. Energean is now explicitly linking the drilling operation in the north-western Ionian Sea to Europe’s energy security. Completion of the permitting process remains a prerequisite for the project timetable to proceed.
Exploratory drilling: full Regional Council decision published
CORFU. The Ionian Islands Regional Authority has published the full text of its decision on the Asopos-1 project. The positive opinion relates to the exploratory drilling, incorporates the 17 conditions set out in the relevant department’s recommendation, and provides for further political discussion if the exploration leads to development and exploitation. No monitoring body has yet been formally established, nor has a specific percentage of compensatory benefits been agreed for the Diapontia Islands.
Yes to exploration now, with new decision if deposit is found
CORFU. The Ionian Islands Regional Council essentially aligned itself with the position already adopted by the Epirus Region: consent to the exploratory drilling now, followed by a reassessment of the issue immediately after the results are known, should they pave the way for the next stage of development.
Ionian Islands Region recommends backing Asopos-1 drilling with 17 conditions
CORFU. The Ionian Islands Region’s Department of Environment has backed exploratory drilling in Block 2 of the Ionian Sea, but with a series of strict environmental and operational conditions. The final say rests with the Regional Council.
Greek Parliament ratifies all four hydrocarbons contracts
ATHENS. The concessions are for Block 2 in the Ionian Sea and land areas in Arta-Preveza, Aetolia-Acarnania and Northwest Peloponnese.
Hydrocarbons and tourism in the South Ionian
ZAKYNTHOS: Meeting in Zakynthos: ‘Development prospects in the South Ionian’
