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First Geological Drill Set for February 2027, Possible Revenue Up to €10 Billion · Cyprus Report

Economy · Greece

First Geological Drill Set for February 2027, Possible Revenue Up to €10 Billion

3 sourcesFirst reported 1 month agoUpdated 1 month ago

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Stavros Papastavrou announced the start of the first drilling in February 2027.
Projected revenues from hydrocarbons could reach up to €10 billion.
Estimates suggest natural gas reserves of 270 billion cubic meters.
Annual consumption of natural gas in Greece is approximately 6 billion cubic meters.

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All coverage (3)

Παπασταύρου: Έως και €10 δισ. τα δημόσια έσοδα από τους υδρογονάνθρακεςProto Thema · 1 month ago
Παπασταύρου: Τον Φεβρουάριο του 2027 η πρώτη γεώτρηση - Δυνητικά έσοδα έως 10 δισ. ευρώCNN Greece · 1 month ago
Παπασταύρου: Τον Φεβρουάριο του 2027 ξεκινάει η πρώτη γεώτρηση -Δυνητικά έσοδα έως 10 δισ. ευρώiefimerida.gr · 1 month ago

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AI summary: catch up in 20 seconds

Stavros Papastavrou announced the start of the first drilling in February 2027.
Projected revenues from hydrocarbons could reach up to €10 billion.
Estimates suggest natural gas reserves of 270 billion cubic meters.
Annual consumption of natural gas in Greece is approximately 6 billion cubic meters.

Generated by AI from the 3 sources below · always verify with the originals

The full picture

AI-synthesised from 3 sources · no editorial bias

Synthesis generating…