"Our mission is to encourage investors in every way to quickly proceed with the necessary seismic and geological surveys to clarify the existence, size and potential value of these deposits," said the Managing Director of the Hellenic Hydrogen Flower Management Company ( EDEY), dr. Aristophanes Stefatos, speaking at the conference entitled "Hydrocarbons in Energy Transition, Data and Policies" of the Petroleum Research Institute of the Institute of Research and Technology (FORTH / RIP) and the Institute of Energy in Southeastern Europe.
Mr. Stefatos referred to the necessity of using natural gas as a fuel-bridge to the energy transition, as well as to the current situation of the energy crisis.
As he said, gas prices in Europe have risen by 250% since the beginning of the year.
"Electricity producers in Europe pay 90 euros / megawatt-hour for natural gas, while their counterparts in Egypt and Israel, countries in the Eastern Mediterranean basin that produce natural gas, sign long-term gas contracts at 12 euros / megawatt."
