As particularly important, Dr. Katerina Sardi, CEO and Country Manager of Energean in Greece, the agreement signed on Wednesday in Cairo between the European Union, Israel and Egypt, which provides for the export of Israeli gas to European markets through its liquefaction terminals Of Egypt.
Speaking on Thursday, June 16, during the 13th South Eastern Europe Energy Dialogue organized by the Southeast European Energy Institute in Thessaloniki and at a panel on “The war in Ukraine and the energy dilemmas of Europe”, Ms. Sardi “The European Union and, of course, countries like Greece should take full advantage of the agreement reached in their efforts to reduce their dependence on Russian gas, securing a new source of gas and, in fact, competitive prices “.
She added, however, that at the same time “the necessary investments should be made in the further exploration and utilization of our natural resources, in order to meet the projected needs for hydrocarbons and not to find Europe facing a similar crisis in the future”. In addition, according to Ms. Sardis, in addition to achieving the goal of filling the gas depots by 80% by November and by 90% thereafter, “it is necessary to strengthen the infrastructure in the Old Continent, with emphasis on the possibility of transporting gas through pipelines from the main LNG receiving points to consumption “.
The CEO and Country Manager of Energean in Greece also estimated that investing in the development of gas fields and the required infrastructure will enhance energy security, without faltering the goal of transition to a low-emission economy. “Hydrogen is the next page, but we can not ignore the current and immediate needs again. After all, in order to create a hydrogen market that will operate on competitive terms, we must be motivated at European level according to what was given. at the beginning of the effort to penetrate RES in the energy mix “.
Finally, Ms. Sardis referred to the $ 3 billion investment that Energean is making, focusing on gas production in the Eastern Mediterranean, but also to the company’s plans to build the first CO2 storage complex in Prinos, with parallel production of ecological hydrogen (Eco H2), as well as the benefits that these projects will have for the environment and the competitiveness of companies.
Source: Capital
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