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 Prometheus Gas is the Greek-Russian joint venture with OAO Gazprom, based in Greece. Gazprom, through its 100%
subsidiary Gazpromexport, controls 50% of the company’s equity.
The other 50% is controlled by: Dimitrios Ch. Copelouzos.
The objective of Prometheus Gas
is mainly to market Russian natural gas in Greece, as well as build the necessary infrastructure for natural gas use in regional energy markets.
A constantly increasing demand
for natural gas along with market deregulation have created favorable conditions for further growth of
the company.
In its efforts to develop
the natural gas market in Greece, the company has secured, from Gazprom, quantities of natural gas for a 50 year period.
The company manages reserves for over 3 billion cubic meters annually, which are expected to increase to 7 billion cubic meters annually, after 2016. With a strong, 15 year
presence in the region, Prometheus Gas is currently one of the most efficient and strategically positioned partners in Gazprom’s international corporate planning.
Apart from the marketing
of Russian natural gas,
the activities of Prometheus Gas
concentrate in the following fields:
Design, development and
operation of energy projects,
such as natural gas pipelines,
compression stations,
underground tanks, storage areas, and downstream distribution networks
Import and marketing
of equipment for natural gas use
Construction, maintenance
and operation of electrical
power stations
Construction of low and high pressure branches for natural gas transportation
Electricity trading
Real estate
The experience gained by the company over the years, has
positioned it among the most important corporate players
in the energy market, both
domestically and in the greater region.
Prometheus Gas SA is an ISO 9001 certifield company and, in
cooperation with ENEL, aims to
create positive synergies to enhance its presence in the Balkans and strengthen its market position
in the area.
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