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Ionian Sea Deep-Sea Natural Gas Drilling Project

Sector: Natural Gas • Location: Greece

Source: EUALive

Project
Planned

Greece announced resuming deep-sea natural gas drilling in Block 2 of the northwestern Ionian Sea starting in 2027. ExxonMobil, Energean, and HelleniQ Energy will jointly develop the project, which could hold up to 270 billion cubic meters of natural gas, potentially covering Greece's domestic needs for decades and allowing exports to Europe. The project has a 16% chance of success and poses envir

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The project “Ionian Sea Deep-Sea Natural Gas Drilling Project” is an infrastructure initiative in the Natural Gas sector, located in Greece. Taiyo aggregates data on it from EUALive.

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Participants

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planned

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Description

Description

Greece announced resuming deep-sea natural gas drilling in Block 2 of the northwestern Ionian Sea starting in 2027. ExxonMobil, Energean, and HelleniQ Energy will jointly develop the project, which could hold up to 270 billion cubic meters of natural gas, potentially covering Greece's domestic needs for decades and allowing exports to Europe. The project has a 16% chance of success and poses environmental risks.

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Source

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High

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