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TAP gets installation permit from Greece

The Greek Ministry of Environment and Energy has granted Trans Adriatic Pipeline (TAP) its Installation Permit, TAP reported. "Together with the Installation Act, secured in January 2016, the Installation Permit allows the pipeline …

4 migrants dead, 340 rescued from boat near Crete

Four bodies were recovered and 340 people rescued after a boat carrying migrants across the Mediterranean Sea sank south of the Greek island of Crete, the Greek authorities said. The coast guard said the roughly 25-meter (82-foot) …

Rescue under way for 700 migrants on boat near Crete

A rescue operation is under way for 700 migrants on board a boat in the Mediterranean south of Crete, the Independent reports. Greek authorities said about 250 people have been rescued so far. The coastguard said the boat, …

Putin to visit Greece at the end of the week

Russian President Vladimir Putin will fly to Greece at the end of the week, where he will hold talks with the leadership of this country on May 27-28th. ‘’There will be the meetings with President …

SOCAR to sell 17% DESFA shares to Italian Snam

The State Oil Company of Azerbaijan Republic (SOCAR) will sell 17% of shares in DESFA to the Italian company Snam, the Azerbaijani Energy Minister Natig Aliyev said. According to him, Greek side has promised that the issue of DESFA will …

SOCAR’s stake in DESFA may reduce to 41%

SOCAR will be able to keep for itself no more than 41% of the shares after all potential buyers (Fluxys, ENAGAS, Snam) for a 17% stake, set for sale by SOCAR under the European Commission’s pressure, declined from the deal, APA reports. …

 TAP construction to start on May 17

The ceremony to mark the beginning of construction of the Trans Adriatic Adriatic Pipeline (TAP) will be held in Thessaloniki on May 17. The ceremony will be attended by prominent politicians and companies, as this is an important …

Sargsyan to visit Athens, Nicosia and Brussels

On March 14-15 Armenian President Serzh Sargsyan will pay an official visit to Greece, his press service reported. In Athens he will meet with the leadership of the country, as well as with representatives of the …