Zitsa

Hydrocarbon hopes for Ioannina from Shell drilling in Albania

The geological region that stretches to the North from the Adriatic in the area of ​​Italy and Croatia and descends to the Ionian Sea and Western Greece to the South has yielded discoveries of oil and natural gas deposits.

Exploration by major oil companies is ongoing, while Croatia, Montenegro and Albania have stepped up their efforts with rounds of concessions.