Hy­dro­car­bon ten­ders los­ing steam as po­lit­i­cal un­cer­tainty es­ca­lates

Kathimerini English - - Front Page - CHRYSSA LIAGGOU

The drive­for the uti­liza­tion of do­mes­tic hy­dro­car­bons has been dropped from the po­lit­i­cal agenda fol­low­ing the an­nounce­ment of early elec­tions, de­spite pres­sure from the Greek Hy­dro­car­bon Man­age­ment Com­pany (EDEYA).

The ten­der for 20 plots in the Io­nian Sea and Crete – de­spite cur­rent low petrol prices – man­aged to at­tract bids for three plots and in­ter­est from a large multi­na­tional, ru­mored to be France’s To­tal. The com­pany, to­gether with Hel­lenic Petroleum (ELPE), sub­mit­ted two bids for two dif­fer­ent sites, while ELPE is bid­ding in­de­pen­dently on another. The three bids were sub­mit­ted on July 14 but the process was not ac­ti­vated. To have done so, for­mer energy min­is­ter Panos Sk­ourletis – who suc­ceeded Panayi­o­tis Lafaza­nis on July 20 – should have ei­ther es­tab­lished a spe­cial com­mis­sion or launched pro­ceed­ings in EDEYA, es­tab­lished for the re­cov­ery of do­mes­tic hy­dro­car­bons.

The process, more­over, is not ex­pected to pick up any time soon as the coun­try heads to new elec­tions.

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