ENI-Total did expect more gas finds in Cyprus’ plot 11

Click For Larger Image & Read More
ENI-Total did expect more gas finds in Cyprus’...
 © In-Cyprus 2018
Energy Minister George Lakkotrypis on Wednesday admitted that international firms carrying exploratory drills offshore Cyprus expected to find more deposits in plot 11 than what they announced a day earlier.

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...

This article was automatically added to our system 13-9-2017

ENI-Total did expect more gas finds in Cyprus’ plot 11

The contents of this article including any associated images are © In-Cyprus 2018
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

  • Click Here
Advertise Here

Trending Cyprus News

Article Tags: total, expect, finds, cyprus,


  • Click Here
Advertise Here

24hr News