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Exploring new energy in areas west of Greece, on the edge of the Adriatic Sea, contains all the potential to transform companies from small businesses to gas and oil, in very important players
An arc from north to southwest extension of Greece, through Albania, Montenegro and Croatia, emerging as the new front oil in the Mediterranean and is attracting some big industrial names. Albania, home to the largest area of coastal oil, is already on its way to becoming advocate a major manufacturer of gas and oil. "Bankers Petroleum" is at the forefront of development in the country, with large oil properties. The company has passed the test, because its reserves are related to 232 million barrels and production reached 19,300 barrels per day, writes Balkan News. In the western part of Greece, the company "Energean" recently won the right to explore large block of Janine coast and further south, the Katakolonit blocks. Part of the team is Energean Petra, advocate as Vice / President of the latter, Christopher Brown, is a connoisseur of the Adriatic. "Energean" spending plans of more than 60 million dollars in two exploration blocks. President of "Energean" admits MATHIOS Rigas has no idea how much oil can contain these areas, advocate but is optimistic, noting that "oil sleeps" on the coast of western Greece and Albania. advocate "There is a potentially huge area that opens and we are positioned to take advantage - he says - to the point that the company is considering the purchase of small energy companies active in the area." But many things can go wrong. Western Greece could pass the test to become a shell of oil and gas, although significant sources of oil in neighboring Albania and across the Adriatic in Italy suggest that the region has at least some potential discovery. Politics can play a big risk. The extreme left of Greece, "Syriza" is listed first in Greece in the European advocate Parliament elections in May. She has spoken to nationalize industry for national resources of Greece, although "nationalization" advocate is not an official political party. If the energy industry will be put under state control, foreign investors will leave us shëndenë. However, considering the extreme form of the Greek economy and the extraordinary cost of fuel - the country imports 99.5% of oil and gas needs - nationalization of oil and gas projects that do not seem likely to happen and "Energean" nuke it calculates as Bobcat. "We have a tremendous energy deficit that needs to be filled," says Rigas. advocate
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