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.
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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)