Greece: Crete Ionian Sea oil and gas

Record the results of the seismic survey vessel "Nordic Explorer" Norwegian company "Petroleum Geo Services" have emerged pzitive the existence of oil and gas in the Ionian and south of Crete. According to research an area of ​​225 000 square kilometers in the sea is përmbjatje oil and gas.
 This fact was also confirmed by the Ministry of Environment, which has said for the first time in the Ionian Sea and south of Crete has gas and oil. Minister of Environment and Energy, Evangelos Livieratos said that "the first images reflect interesting sharp geological structures for the identification of hydrocarbons."
In particular, he stated that "the treatment of 30% of seismic images made ​​from November 2012 until February 25, 2013, formally assessed the existence of oil and gas."
In essence, these findings serve to big oil companies, who are interested to seismic data, such as France's Total and ExxonMobil of the U.S., companies that are already in discussions with the Norwegians.
Up to September 2013 is expected to be completed interpretation of all seismic data package, which will then be offered for sale on the market in the first half of 2014, to launch the first round of concessions. The goal is to run races in the first quarter of 2014, shkruna Balkanweb.
In early March, the company that carried out seismic research, said areas of particular interest are near the Ionian islands, north and west of the island of Corfu, Paksos, Lefkada, Zakynthos, Kefalonia and Katakolon, areas which are highlighted map of oil and gas, rich in large reserves.