OpenCalais Metadata: Ticker
Over 30 areas have been identified for hydrocarbon exploration in the Ionian Sea and off the coast of western and southern Crete, the state-run Athens-Macedonian News Agency (ANA-MPA) reported on Sunday.
The map of "plots" was presented by Hellenic Hydrocarbon Resources Management chief Yiannis Basias at an energy conference on the Eastern Mediterranean, ANA-MPA said.
Iran's President Hassan Rouhani inaugurated five new phases of the South Pars gas field on april 16, the result of some $20 billion in investment, local media reported.
The ribbon-cutting of phases 17-21 pave the way for Iran to surpass the production levels of neighboring Qatar, which shares half the offshore gas field, Iranian officials said.