In his weekly social media update Sunday, Prime Minister Kyriakos Mitsotakis highlighted Greece’s new energy agreements with the Chevron-Helleniq Energy consortium and his recent trip to India.
Mitsotakis said the agreements grant exclusive rights to explore and exploit hydrocarbons south of the Peloponnese and Crete, including the first exploratory drilling in the Ionian Sea’s “Block 2,” planned for early 2027. The Greek state is set to receive about 40% of profits from any discoveries without public funding.
He called the deals a “substantive restart” in energy exploration, strengthening national energy security and creating investment and job opportunities.
On his India visit, Mitsotakis presented Greece’s digital and technological advances at the India AI Impact Summit 2026 in New Delhi and met with Prime Minister Narendra Modi for the third time in two and a half years.
He said Greece will open consulates in Mumbai and Bangalore and emphasized the country’s role as a strategic Indo-Pacific gateway for Europe under the EU-India trade agreement.