King & Spalding (JD Supra Greece)
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Government of Greece to Launch New Licensing Round and Announces Proposal for Significant Tax Cut to Encourage Hydrocarbon Investment
In early July, the Minister of Energy Environment & Climate Change of the Hellenic Republic and the Greek Ambassador in London hosted the official pre-launch event for a new offshore oil and gas bidding round at the Hellenic Centre in London. The new round will offer twenty blocks located to the south of Crete and in the Ionian Sea, covering a combined area of over 200,000 square kilometers.
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