Drilling Boom in Turkey, Bulgaria, Romania, and Albania, While Greece Lags Behind
It's surprising to see the extensive exploration, extraction, and exploitation of natural gas and oil around Greece, especially when compared to Greece's inactivity in this sector.
Romania, Bulgaria, Turkey, and Albania are actively exploiting their hydrocarbon fields, and even Moldova has development projects on the horizon. Despite Greece having the necessary institutional framework and having identified significant oil and gas reserves, it has remained inactive for decades.