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Five exploratory and five appraisal wells to be drilled in next two years (Updated)
July 18, 2019
Five exploratory and five appraisal wells will be drilled in the next two years in offshore concessions inside Cyprus’ exclusive economic zone (EEZ), Energy Minister Giorgos Lakkotrypis said on Wednesday.
The announcement came amid tensions with Turkey over its drilling activities in Cyprus’ exclusive economic zone and the censuring of Ankara by the EU, a development which angered Turkey and also irked Russia. Turkey warned it was sending a fourth ship to the region shortly. The announcement also comes as the Greek Cypriot side is to officially reject a proposal by Turkish Cypriot leader Mustafa Akinci for a joint committee on hydrocarbons.