A consortium comprised of France’s Total E&P Activities Petrolieres (operator), and Russia’s Novatek and GazpromBank was awarded Block 9, the most contested of the nine blocks among the bidders. Total E&P was also awarded the license for Block 11.
Italy’s Eni (operator) and South Korea’s Korean Gas Corporation (Kogas) were awarded the licenses for Blocks 2 and 3. Two of the blocks adjoin Block 12, where Noble Energy discovered 7 tcf (198 bcm) of natural gas in December 2011. Blocks 2, 3 and 9 are positioned on the eastern sides of Cyprus’ exclusive economic zone (EEZ), and Blocks 3 and 9 are adjacent to the maritime delimitation lines with Lebanon and Israel respectively. Block 11 lies west of Block 12 and along the delimitation line with Egypt (MEES, 4 June). (CONTINUED - 1000 WORDS)