At the same time, the country is increasing its renewable energy sources.
Russia's invasion of Ukraine
“Greece is accelerating hydrocarbon exploration, our country may have significant gas reserves,” said Greek Prime Minister Kyriakos. Mitsotakis. He clarified that the exploration of gas deposits will be completed by the end of next year, and the first exploratory drilling will be carried out by the end of 2023. “If we have useful volumes (gas – ed.), We will replace imports with national wealth… But we need to know exactly whether there are gas reserves that will be economically viable “, – added Mitsotakis. In his opinion, the Russian invasion of Ukraine revealed a structural Europe's energy weakness “, which has consequences for all EU citizens. It is reported that Greece currently covers about 40% of its annual energy needs from Russian gas. At the same time, the country is increasing its renewable energy sources. Read also: It is necessary to set specific deadlines for each EU country to limit the consumption of Russian gas and oil – Zelensky Earlier it was reported that Ukraine invited partners to apply to Russian monopoly Gazprom sanctions on the “Iranian model” – Russian gas will go to the EU, and the funds for it will be transferred not to Russia, but to special deposit accounts. Deputy Minister of Energy of Ukraine Yaroslav Demchenko believes that it will not be possible to quickly replace Russia's pipeline gas, which accounts for 40% of total EU imports. And the model proposed by Ukraine could be a way out of this situation.
