F. Papastavrou: We run the timetable for Chevron’s Blocks

The key role that Greece can play in Europe’s energy shielding, the Minister of Environment and Energy, Stavros N. Papastavrou, referred to 50, speaking at 50 Ot forum on « New Era for Capital Markets: The Betting for Sustainable Entrepreneurship and Financial Sustainability ».

« The financial postman for my own generation, a steady reference point, always with a documented reason and notes on the possibilities and opportunities, » said Papastavrou, addressing journalist Christos Kolonas and the newspaper Advisor of the newspaper.

Asked about the sea blocks and developments in this field regarding the expression of interest by Chevron, the Energy Minister emphasized that this was an important development, « from March 26th, which has been accepted by Chevron’s interest, we ran a fast -paced time » For the coordinates and the third for the competition.

Describing the timetable, he stressed that he was sent to the European newspaper, where until he remains until mid -August and around August 20, we will receive bids from interested parties « so that the issue can come to Parliament before the end of 2025.

The goal, in 2026, to start the process with Chevron, or anyone else selected. « It’s a historical agreement, » he said.

The « folklore » of the area

Called to comment on the reactions that may arise from this work, Mr. Papastavrou described the « folklore » of the area, hurrying to emphasize that these plots are outside « from areas where unjustifiably and non -documented one could claim. And this is the geopolitical benefit, as it recognizes Greek jurisdiction. « 

He also added that the Libyan government that also has contacts with Chevron, the plots it has come to come, « and are leaving the line we too. »

The spatial planning

Referring to the maritime spatial planning, Mr. Papastavrou stressed that « apparently it shields our sovereign rights »

He emphasized that he is coming to resolve a 10 -year pending so that we can identify the activities we can have in our maritime areas: We are the country in Europe with the most islands and the largest coastline and the last that made the maritime spatial planning, he underlined.

The geopolitical in energy

Asked how geopolitics is formed in the new conditions, Mr Papastavrou said that we are living in a period of uncertainty and rearrangement.

« I don’t know if we go back to green energy. However, the treatment for fossil fuels and gas is more favorable. And this is what our country must take advantage of. « 

The Energy Minister said tomorrow with the Deputy Minister, Nikos Tsafos, depart for Texas, where they will discuss Chevron and ExxonMobil, to proceed with coordinates and clarify when seismic surveys can begin

« Things may change, but the geopolitical significance of energy is stable, » he said.

For the cable

Mr Papastavrou stressed that during a meeting held on Sunday by the Israeli Prime Minister Netanyahu and Cypriot President Nikos Christodoulides. It was noted that an electric interconnection is part of the IMEC, the wider geopolitical corridor, which is in the wider geopolitical corridor: Arab world and all over Europe, « he said.

He also said he talked with Israeli Energy and Infrastructure Minister Eli Cohen through a teleconference to enhance energy cooperation between the two countries in the Eastern Mediterranean. The two ministers emphasized the geopolitical importance of Greece-Israel-Cyprus cooperation and agreed on the need to create an energy corridor towards Europe in the context of the Strategic Geo-economic Interconnection of India, Middle East and Europe (IMEC).

The blackouts in the Iberian

The Energy Minister also talked about the blackouts in the Iberian, noting that the system’s balance is the first priority for the government leadership and the regulatory authority, recalling that the first legislation he made was to be able to intervene. He noted that there was three pilot crash tests before Easter in collaboration with ADMIE, DEDDIE and RAAE, in order to prevent such a danger. « We are in constant vigilance. This team continues to work and we are in constant contact between us. We understand the vulnerability of the system. « 

Mr Papastavrou also talked about the simplification of procedures, which is one of the six pillars in the energy sector, as it brings transparency, speed and clear operation.

And he emphasized that the first priority at the moment and a big bet is storage: « We are one of the first 7-8 countries in RES and we have to take advantage of this. We want investments in storage. « 

For the budgetary

Finally, Mr. Papastavrou was asked about the country’s finances. He emphasized that fiscal stability is of great importance and we should secure it as a pupil.