Greece Evaluating Oil Exploration Bids, Papageorgiou Says

From Businessweek

Greece is evaluating bids to explore and produce oil and gas reserves in three blocks in the west of the country, Deputy Energy Minister Assimakis Papageorgiou said.

“The bids were opened in the middle of this month and are in the process of final evaluation,” Papageorgiou said at a conference yesterday, according to an e-mailed transcript of his comments from the ministry.

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