But what matters from the drill carried out by Italy’s ENI and France’s Total is its geological model which is similar to that of ‘Zohr’ in neighbouring Egypt.
“And this is something that gives us very encouraging prospects in various other formations that have been spotted, mainly in plots 6, 8 and 10 and not only,” the Minister also told state radio.
On Tuesday, Lakkotrypis said that the exploratory drill by Italian-French venture Eni-Total found natural gas but not enough to exploit.
“The data obtained from the exploration drilling and the evaluation so far have shown the existence of natural gas…preliminary estimates show that the amount of gas discovered does not make the deposit a stand-alone project,” he added.
Zohr gas field that could...