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.