Today, within the framework of working visit of Vladimir Putin, President of the Russian Federation to Greece, Alexey Miller, Chairman of Gazprom’s Management Committee had a meeting with Dimitrios Copelouzos, Managing Director of Russian-Greek joint company Prometheus Gas.

The parties discussed issues of Russian-Greek cooperation in the gas sector, addressed the prospects of increasing Russian gas supplies to Greece and developing new transmission routes for gas deliveries to Southwestern Europe.

Alexey Miller and Dimitrios Copelouzos also gave consideration to the Bourgas -Alexandroupolis oil pipeline construction prospects.

Reference:

Russian gas deliveries to Greece are carried out under the Intergovernmental Agreement of October 7, 1987 as well as the contract based on said agreement signed by former Souzgazexport (now – Gazexport Ltd) and the state-owned Greek Public Gas Corporation DEPA.

In 2005 Gazexport supplied 2.4 bcm of gas to Greece.

Prometheus Gas is a joint Russian-Greek venture with equal shares of Gazexport and the Greek Copelouzos Group. Prometheus Gas was established in 1991 to promote Russian-Greek cooperation in the gas sector. Prometheus Gas is involved in construction of a number of energy projects in Greece.