Cyprus starts exploratory drilling

Written by on July 31, 2014 in Europe - Comments Off on Cyprus starts exploratory drilling

Energy Minister of Cyprus George Lakkotrypis announced that before the end of summer, exploratory drilling will start in the Onasagoras area, located in block 9 of the Cypriot EEZ.

He said that for this as well as five other deposits, the signs are encouraging.

On July 30, the Republic of Cyprus and the Italian-Korean consortium Eni/KOGAS signed a Memorandum of Understanding.

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