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Interest from the EU in Cyprus gas says minister
September 12, 2022
Efforts are underway to develop Cyprus’ natural gas as there is interest from both the EU and the private sector, Energy Minister Natasa Pilides said on Monday.
Speaking on CyBC radio, she said the second round of exploratory drilling in block six is crucial, adding that the works there are set to be completed in November.
Initial results by Eni/TotalEnergies in August uncovered a ‘significant’ gas discovery in the Cronos-1 well located about 160 kilometres off the coast of Cyprus in block six.