NewzA consortium comprising Energean, ExxonMobil, and Helleniq Energy is scheduled to commence exploratory drilling at the Asopos 1 target in the Ionian Sea in April. The operation, located in Block 2, aims to verify seismic data regarding potential natural gas reserves, with final results anticipated between May and June 2027. This initiative is part of a broader shift in Greece's national energy strategy.
Beyond the Ionian drilling project, Greece is advancing several other regional infrastructure developments. These include the Greece-Cyprus electricity interconnection and the establishment of a Vertical Natural Gas Corridor, both of which are intended to strengthen the country's energy position and regional connectivity.
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