Greek Prime Minister Kyriakos Mitsotakis has recently indicated that Greece could take a leading role in the global energy market, particularly by tapping into gas reserves in the Ionian Sea. The interest shown by US companies like Chevron reflects the potential of gas deposits that may rival those of Egypt's Zohr field. While Mitsotakis has previously supported a green energy transition, the new focus on gas drilling suggests a pivot towards fossil fuels to meet both national and European energy needs, with Greece's gas resources estimated to cover 15% of Europe's demand.
Kyriakos Mitsotakis emphasized that Greece could become a leading player in the global energy market, particularly through gas production in the Ionian Sea.
Mitsotakis highlighted US energy companies' interest in the Greek gas sector, signifying a shift in focus towards fossil fuels amidst previous commitments to renewable energy.
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