Helleniq Energy to decide on exploratory gas drilling within 12-18 months
ATHENS, June 27 (Reuters) - Greece's biggest oil refiner Helleniq Energy said on Thursday it would decide on exploratory drilling in Greek offshore blocks within the coming 12-18 months.
Greece has pushed ahead with collecting seismic data via survey vessels in several areas that potentially carry significant gas reserves.
Helleniq holds licences to explore for oil and gas in four blocks in the Ionian Sea and in two blocks as part of an Exxon Mobil-led consortium off the island of Crete.
In a presentation to shareholders, the company said it has been evaluating data from seismic surveys there.
(Reporting by Angeliki Koutantou; Editing by Alexander Smith)