The European Commission has supported Greece’s agreement with ExxonMobil for gas exploration in the Ionian Sea.
The European Union has confirmed its support for the agreement between Greece and the American company ExxonMobil aimed at exploring gas fields in the Ionian Sea to reduce energy dependence on Russian supplies. This is part of the EU’s strategy aimed at completely phasing out Russian gas by 2027.
The EU continues to actively work on diversifying energy resources by securing reliable partners on favorable terms. Cooperation with countries like the USA is expected to strengthen the bloc’s energy security, as signing agreements for gas extraction on the Mediterranean shelves can become an important step towards achieving energy independence. Last week, Greece signed an agreement with ExxonMobil to explore fields in the northwest Ionian Sea, which was a significant decision for Athens.
According to a senior source in the European Commission, phasing out the import of Russian gas is one of the block’s priorities, and partnership with US energy companies is a strategic move in this direction. The REPowerEU strategy provides for the complete abandonment of dependence on Russian gas by the end of 2027. The USA has already expressed its readiness to fill Europe’s energy gaps with its resources.
| Country | Company | Field |
| Greece | ExxonMobil | Ionian Sea |
| USA | Chevron | South of Crete |
