Crucial decisions on gas find by end of 2018, says minister

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Crucial decisions on gas find by end of 2018,...
 © CyprusMail 2017
 

Cyprus will take decisions over the monetisation of its natural gas reserves by the end of 2018 following explorations by Exxon Mobil and Qatar Petroleum consortium in Block 10, Energy Miniter Yiorgos Lakkotrypis said on Wednesday.

Speaking during a panel discussion at the Maritime Conference taking place in Limassol, Lakkotrypis said there will be a clearer picture next year, as the consortium will carry out two drillings in block 10 in the second half of 2018.

The new drilling activity comes after an exploration by French Total in block 11, which although did not...


Crucial decisions on gas find by end of 2018, says minister


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