Energean CEO Mathios Rigas
Energean’s Rigas says gas strategy tied to East Med energy security
CEO warns Russia shock may have changed Europe’s energy dynamic forever as company focuses on significant demand from Israel, Egypt and beyond
London-headquartered Energean relies on its core strength: gas in the Eastern Mediterranean. In an interview with Petroleum Economist, CEO Mathios Rigas explained the impact of the Russian crisis, where he expects growth in the company’s core markets and how the international hydrocarbon exploration and production company will develop further. Rigas believes the Russian invasion of Ukraine may well have prolonged the life of gas indefinitely and that the idea of gas as a bridging fuel in the energy transition has collapsed. “Forget the ‘bridge’ analogy,” he said. “Bridges take you over a gap and then you are gone. Natural gas is a core constituent of the road itself and will remain so—acting
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
