Cyprus missing out on a good gas deal, expert says

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Cyprus missing out on a good gas deal, expert says
 © CyprusMail 2018
 

Greek oil and gas company Energean, which has offered to pipe gas to Cyprus from its Israeli offshore leases at a highly competitive price, has responded to the energy minister who said the company does not have an export permit from the Israeli government and that therefore its proposal is invalid.

In a press release last Friday, Energean Oil & Gas Plc said it has submitted to the government a proposal “to supply Cyprus with natural gas as of the first quarter of 2021, without the investment cost burdening Cypriot taxpayers, and at a particularly...


This article was automatically added to our system 16-10-2018

Cyprus missing out on a good gas deal, expert says


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