Feb 16 β€’ 11:12 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

G. Maniatis on signing hydrocarbon contracts with Chevron: A significant moment, but we have lost 12 years

Greek MEP G. Maniatis comments on the signing of hydrocarbon contracts with Chevron, emphasizing the significance of the moment while lamenting the 12 years lost since the 2014 competition.

Greek MEP G. Maniatis, who serves as the Vice President of the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, has described the signing of hydrocarbon contracts with Chevron and Helleniq Energy as a significant moment for Greece. However, he also expressed regret over the 12 valuable years lost since the initial bidding process in 2014, which laid the groundwork for the current contracts. He suggested that this signing could mark a turning point in Greece's energy policy, pushing the country towards becoming an energy hub in the Eastern Mediterranean.

In his statements, Maniatis urged the Prime Minister to avoid dismissive remarks about natural gas, such as those made at the United Nations, referring to it as a commodity of the past with declining value. He emphasized the need for Greece to maintain solid relationships with international energy companies, citing the unfortunate exits of energy giants like Total and Repsol from Greece in 2021-2022 as lessons learned. The ongoing geopolitical shifts in energy supply and demand underscore the importance of Greece’s active participation in the energy market.

Looking forward, the contracts signed with Chevron could potentially enable Greece to harness its hydrocarbon resources more effectively and strengthen its position in regional energy dynamics. Maniatis's call reflects a broader strategic vision for Greece, pushing for a more proactive stance in energy exploration and partnerships to enhance energy security and economic prospects for the region.

πŸ“‘ Similar Coverage