The law bill on the establishment of the institution that would conduct tenders for oil surveys enters the final stage, while the announcement of an international invitation for seism and geological surveys is expected soon.
A parliamentary committee scheduled a second reading of the bill on Friday, before it would be tabled to the assembly. Deputy Environment Minister Yiannis Maniatis has “facilitated” the new institution, as the first two projects have been already launched: the modernization of legislation and the conduction of seismic and geological surveys.
Sources told Capital.gr that the international invitation would be published in the coming two weeks and its text is under preparation based on the results of the consultation.
According to senior ministry officials, there have been presentations by three companies specialized in seismic and geological surveys.
Greece’s advantage against the international competition to attract investment in exploration and exploitation of oil deposits, would be the appropriate seismic surveys by companies that are considered reliable. Besides, the non exclusive surveys have this very convenience, that the data are bought by companies which would proceed with assessment and express interest or participate in tenders.
Additionally, Greece aims to gain reliability in the part of oil survey and production. So far, Environment Ministry has respected the announced schedule. Should the government continue with the same pace, then the return of Greece on the map of oil surveys would be done under optimum conditions.
It should be noted that the surveys would take place at the arc that starts from North Ionian Sea and ends up south of Crete.
A parliamentary committee scheduled a second reading of the bill on Friday, before it would be tabled to the assembly. Deputy Environment Minister Yiannis Maniatis has “facilitated” the new institution, as the first two projects have been already launched: the modernization of legislation and the conduction of seismic and geological surveys.
Sources told Capital.gr that the international invitation would be published in the coming two weeks and its text is under preparation based on the results of the consultation.
According to senior ministry officials, there have been presentations by three companies specialized in seismic and geological surveys.
Greece’s advantage against the international competition to attract investment in exploration and exploitation of oil deposits, would be the appropriate seismic surveys by companies that are considered reliable. Besides, the non exclusive surveys have this very convenience, that the data are bought by companies which would proceed with assessment and express interest or participate in tenders.
Additionally, Greece aims to gain reliability in the part of oil survey and production. So far, Environment Ministry has respected the announced schedule. Should the government continue with the same pace, then the return of Greece on the map of oil surveys would be done under optimum conditions.
It should be noted that the surveys would take place at the arc that starts from North Ionian Sea and ends up south of Crete.
