TOTAL – ENI SHOWS INTEREST FOR BLOCK 7 OF THE CYPRIOT EEZ

Source: Kathimerini Cyprus

By Yiannis Kafkaridis

Cyprus announced that energy consortium Total-ENI has applied for a licence to explore for natural gas in offshore prospect Block 7 of Cyprus’s exclusive economic zone.

In a statement the Ministry of Energy said that “within the framework of the application procedures for a Hydrocarbon Research License in Block 7 within the Exclusive Economic Zone of the Republic of Cyprus completed today, Monday 26 November 2018, a request was received from Total E&P Cyprus B.V. / Eni Cyprus Limited.’’

Knews reported last month that Nicosia limited participation to firms already present in the Cypriot exclusive economic zone, instead of a tender procedure for a fourth licensing round. The decision was made for ”geological reasons and interest shown by various companies’’ said Energy Minister Lakkotrypis.

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