Exxon Finds Gas Off Cyprus
08 February, 2019
US major ExxonMobil(80%op) and partner Qatar Petroleum (20%) have discovered gas on Cyprus offshore Block 10, MEES sources confirm....
News in Brief
East Mediterranean
Cyprus
Cyprus has made gas discoveries but, as with Israel, regional politics have stymied development plans. Turkey is the largest regional gas importer, but sales here would require a solution to the island’s 44-year division. Piping gas to Egypt may be more realistic, both for 2011’s Aphrodite discovery and for Eni’s promising early 2018 Calypso find.
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