Greek Prime Minister Kyriakos Mitsotakis has said that his country can "play a leading role in the global energy market" and "become a dynamic energy-exporting economy in the coming years."

Gas production in the Ionian Sea will evidently be a major part of this scenario.

In his weekly Facebook post on January 26, he called the interest shown by US energy giant Chevron in exploring the area southwest of the Peloponnese region "an important development."

Five years ago, another American energy giant, ExxonMobil, also expressed a similar interest and was granted a license for exploratory drilling.

Preliminary estimates suggest that the gas deposits in the maritime area stretching from southwest of the Peloponnese to south of the island of Crete could be as big as those in Egypt's offshore Zohr gas field.

A study conducted by the Institute of Energy for South-East Europe says that Greece's estimated commercially exploitable potential gas resources amount to 2 to 2.5 trillion cubic meters — enough to cover 15% of Europe's gas needs.

This, unsurprisingly, has........

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