“The expansion of our contacts also into include the field of RES, with the promotion of a new electrical interconnection, will give new momentum to the change of our energy mix” emphasized the Minister of Environment and Energy, Kostas Skrekas, after a teleconference with the minister on Thursday Energy of the Kingdom of Saudi Arabia Prince, Abdulaziz Bin Salman.
During the teleconference, the two ministers confirmed the deepening of bilateral cooperation between Greece and Saudi Arabia in the field of energy and welcomed the establishment of a high-level bilateral working group, which will facilitate the implementation of the Memorandum of Understanding signed by the two countries in July of 2022. As it was emphasized, “it is important to activate the working groups from both sides”.
Cooperation between the two countries
The ministers expressed their willingness to work together to ensure stability in international oil markets, continue close communication with each other, and further deepen their cooperation to address emerging risks and challenges.
They also underlined the need to ensure the supply of energy to global markets, noting that Saudi Arabia is still one of Greece’s most reliable partners and suppliers of crude oil.
The discussions between the two sides also included the topic of cooperation in the field of Renewable Energy Sources and the promotion of an electrical interconnection that will export clean energy to Greece and Europe.
Pure hydrogen
In addition, the importance of clean hydrogen and the best ways to transport it to Europe, through Greece, were discussed.
After the teleconference, Mr. Skrekas referred to the two countries expanding their contacts also in the field of RES, by promoting a new electrical interconnection.
Latest News
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union
Greek PM Mitsotakis Announces Interventions in Banking Sector
Addressing banking fees, the prime minister emphasized the need for a more competitive banking system that benefits borrowers and depositors alike
FT: Exarchia’s Farmers’ Market in Athens Ranked Among the World’s Best
Musicians play traditional Greek tunes as vendors call out to showcase their goods, which include olive oil, honey, fresh fish, herbs, and a variety of vegetables.
‘Greece 1974-2024: 50 Years of Greek Foreign Policy’ Conference Set for Dec. 12-13
The conference, held at the King George Hotel in Athens, will also be live-streamed