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Russia to the rescue

Russia is considering direct deliveries of fuel to Greece to help prop up its economy, Energy Minister Alexander Novak says, quoted by Russian news agencies.

ā€œRussia intends to support the revival of Greece’s economy by broadening cooperation in the energy sector,ā€ Novak told journalists, quoted by RIA Novosti news agency.

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ā€œAccordingly we are studying the possibility of organising direct deliveries of energy resources to Greece, starting shortly.ā€

Novak said that the energy ministry expected ā€œto come to an agreement within a few weeks,ā€ but did not specify what type of fuel Russia would supply.

Greece’s left-wing leadership has made a show of drawing closer to Moscow in recent months as the spat with its international creditors has grown more ugly.

In June, Greek Prime Minister Alexis Tsipras during a visit to Russia sealed a preliminary agreement for Russia to build a two-billion-euro ($A2.99 billion) gas pipeline through Greece, extending the TurkStream project, which is intended to supply Russian gas to Turkey.

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