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Greece Speeds Gas Search as Europe Bids to Cut Russia Dependence

  • Results from offshore and onshore surveys due by end of 2023
  • Greece currently gets about a third of its gas from Russia

Greece will speed up natural gas surveys as it joins other European countries in seeking to reduce its dependence on Russian energy imports.

While any gas discoveries would take years to develop, Prime Minister Kyriakos Mitsotakis is keen to show he’s taking steps to bolster security of supply. Greece currently gets about a third of its gas from Russia and it’s looking to cut that reliance as prices surge following Moscow’s invasion of Ukraine.