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Santorini is complex of overlapping shield volcanoes. Basalt and andesite lava flows that make the shield are exposed in the cliff below the town of Phira. Some of t he cliff is thought to be a caldera wall associated with an eruption 21,000 year ago.antorini is complex of overlapping shield volcanoes. Basalt and andesite lava flows that make the shield are exposed in the cliff below the town of Phira. Some of t he cliff is thought to be a caldera wall associated with an eruption 21,000 year ago.
Geological Summary. Renowned Santorini (Thera), with its steep-walled caldera rim draped by whitewashed villages overlooking an active volcanic island in the center of a caldera bay, is one of the scenic highlights of the Aegean.arton M, Huijsmans J P P, 1986. Post-caldera dacites from the Santorini volcanic complex, Aegean Sea, Greece: an example of the eruption of lavas of near-constant composition over a 2,200 year period. Contr Mineral Petr, 94: 472-495.