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    Al Jazeera: Greek natural gas could boost economy

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Summary

Offshore Greek island of Crete could hold p to 3.5 trillion cubic metres of natural gas, which is positive news amidst the country's massive public deb.

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Press Notes

Al Jazeera: Greek natural gas could boost economy

There could be a flicker of hope for Greece to tackle its colossal public debt and return to some form of financial stability.

According to reports, the waters off the Greek island of Crete could hold up to 3.5 trillion cubic metres of natural gas.

That's the equivalent of six years of aggregate EU gas consumption.  MORE