Greece

Greece has 10 million barrels of proved oil reserves as of 1 January 2011. Hellenic Petroleum is the country's largest oil company, followed by Motor Oil Hellas. Greece's oil production stands at 7,946 barrels per day (bbl/d) while it exports 181,600 bbl/d and imports 496,600 bbl/d. In 2011 the Greek government approved the start of oil exploration and drilling in three locations within Greece, with an estimated output of 250 to 300 million barrels over the next 15 to 20 years.

Latest News

Trans Adriatic Pipeline Begins ESIA Submission Process in Greece
Tuesday, June 07, 2011
Iberdrola Renovables Strengthens Leadership Position in Greece
Monday, March 21, 2011
Penspen Lands FEED for Greece-Italy Natural Gas Interconnector
Monday, February 14, 2011
Aegean Energy Announces Name Change to ENERGEAN Oil & Gas
Thursday, October 21, 2010
E.ON Ruhrgas Becomes New Shareholder in Trans Adriatic Pipeline
Thursday, May 20, 2010
EDF Energies Nouvelles Commissions a 38 MW Wind Farm in Greece
Wednesday, October 21, 2009

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