Balkan & Adriatic Summit On Oil & Gas Opens in Athens

The third edition of the "Balkans and the Adriatic Oil & Gas Summit" began on Wednesday in Athens and expects to provide all those interested with an overview of the fiscal and legal framework of the exploration and production of hydrocarbons, along with updates on current or future energy projects in the area.

The Summit that is expected to wrap up on from October 3rd, is expected to offer a unique networking platform where delegates from different ministries are going to come together in order to discuss the changes in legislation and will serve as a platform from where experts can come to showcase how their operations work in the Balkan region.

Addressing the summit, Greece's Minister of Environment Yiannis Maniatis pointed out the need for regional cooperation in the sector of exploration, while he also noted that positive news in one country can bring benefits to all the countries in the region. Maniatis also stressed that prospects in the region are from encouraging to extremely positive, as well as attract the interest of small and big oil companies.