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HYDROCARBON RESOURCES AND ENERGY POLICY IN GREECE TO IMPROVE SECURITY OF SUPPLY

Nikolaos Georgakopoulos

First published: 2018-06-20https://doi.org/10.5593/sgem2018/5.4/s23.056View metrics

Abstract

This paper sets forth in exploring the impact that developments in the energy sector in Greece may have on the economic growth of the country, and in the EU?s energy situation. The inspiration for this topic derived from a widely recognized need for the EU to reinforce, through multiple initiatives, developmental activities in the sector in countries located in the south-east Mediterranean region, diversify its energy supply and improve its energy security. Greece has a lot to offer towards that direction, confirmed by the fact that developments in the Hellenic Oil and Gas industry have witnessed a great boost in recent years. Political issues in the South-East Mediterranean region, various transportation options and the Hellenic legal and regulatory framework are presented. The results point that Greece is presented with new economic opportunities that through prudent management, cooperation, and the support of the EU could achieve the overall goals of boosting economic growth, developing the oil and gas industry, thus playing a key role in reducing the EU?s dependency on energy imports by diversifying supply routes and/or supply sources.

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Publication details

Title
HYDROCARBON RESOURCES AND ENERGY POLICY IN GREECE TO IMPROVE SECURITY OF SUPPLY
Authors
Nikolaos Georgakopoulos
Proceedings
SGEM International Multidisciplinary Scientific GeoConference EXPO Proceedings; 18th International Multidisciplinary Scientific GeoConference SGEM2018, Ecology, Economics, Education and Legislation
Publisher
STEF92 Technology
Year
2018
Pages
441-448
SWS Citekey
GEORGAKOPOULOS201823441448
ISSN
1314-2704
ISBN
978-619-7408-49-2
Language
en
Publication type
Conference Paper
Proceedings contents
Open official contents
Keywords
Energy PolicyGreeceHydrocarbons
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