Athens Macedonian News Agency: News in English, 13-07-04

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Public tv broadcasts restart may be 'a matter of hours', minister to radio

[02] Norwegian company completes seismological research for oil, gas in Greek waters

[01] Public tv broadcasts restart may be 'a matter of hours', minister to radio

During an interview, Kapsis said that he was still in talks with the former public broadcaster ERT personnel, the majority of whom he believed wanted to find an agreeable solution, but "time is running out" because of "the well-known trade unionist and political inflexibility."

Kapsis said that a draft law was being promoted in Parliament related to the staff's layoff compensation that would be calculated on the basis of the unified wage scale.

[02] Norwegian company completes seismological research for oil, gas in Greek waters

PGS presented the fast-track results at the Environment Ministry, where company representatives said a report on the in-depth processing of the data collected would be ready between December 2013 and January 2014.

The company said its purpose was to understand the structure of the seabed and locate oil beds ahead of the state's initiating a tendering for research expected in mid-2014, to give oil companies data to decide whether they were interested in conducting further research for oil and gas, and whether it would be in their interest to submit tenders for drilling licences.

PGS has covered 12,500 kms of seismic lines, while another 6,000 km have been covered in previous explorations.

The state did not provide funds for the research, but it will receive betweem 10 and 50 percent of PGS's revenues from the sale of data to oil companies, depending on the volume of data made available.

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