Cyprus Natural Gas
Cyprus
Energy Firms Moving Forward With License Negotiations for Cyprus Gas
On Wednesday Cyprus' Energy Minister, Giorgos Lakkotrypis made a statement saying that Italy’s ENI, France’s Total, and Qatar Petroleum with American ExxonMobil are the selected group of energy firms that will be involved in the license negotiations for the...
Cyprus
Turkish Cypriots Threaten to End Peace Talks Unless Greek Cypriots Cut Them a Natural Gas Deal
Ergun Olgun, the Turkish Cypriot negotiator on the issue of Cyprus' natural gas exploration said that a peace settlement will not be achieved, unless the Turkish-occupied part of Cyprus participates in the exploration and exploitation, according to Reuters.
"We are...
Cyprus
Cyprus' Natural Gas Pockets an Alternative to Russian Supply
Cypriot officials have stated that the success in drilling for gas pockets in deep waters off the island of Cyprus in the eastern Mediterranean will eventually pave the way for loosening Russia’s grip on the European market’s energy supply.
Cyprus'...
Cyprus
Christofias Announces Vast Reserves of Natural Gas
Cyprus President Demetris Christofias announced that the results of Noble Energy`s exploratory drilling in Cyprus` block 12 are positive, describing the discovery of hydrocarbons as historic for the island.
In a televised address on Wednesday, Christofias said that Noble discovered...