Prometheus Gas S.A. is a

Greek Greek may refer to: Greece Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group. *Greek language, a branch of the Indo-European language family. **Proto-Greek language, the assumed last common ancestor ...

–

Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eig ...

n joint company, established in 1991 in

Athens Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital and largest city of Greece. With a population close to four million, it is also the seventh largest city in the European Union. Athens dominates ...

. The Russian

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...

export company

Gazprom Export PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the large ...

, on behalf of Gazprom, holds the 50% of the shares. Mr. Dimitrios Ch. Copelouzos, Chairman & Managing Director of Copelouzos Group, holds the 50% of shares. Among the basic sectors of the business activity of the Copelouzos Group and of Prometheus Gas are the importation and marketing of Russian natural gas in the Greek Market, the participation in the development of the necessary infrastructure with active involvement in the construction of natural gas transmission pipelines, compressor stations and city

distribution networks. Within the interests of the company also fall the promotion and the implementation of business plans, aiming at creating new major

consumers such as the modern

fired combined cycle

power stations A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many po ...

. Prometheus Gas has secured for at least 50 years, through Gazprom, large quantities of gas in excess of those contracted to be imported into Greece by the state utility DEPA. These quantities amount to 3 billion cubic meters (bcm) annually until 2016 and 7 bcm annually beyond this period.

References

Oil and gas companies of Greece Gazprom subsidiaries Companies based in Athens Greek brands {{Greece-company-stub

See also

References