According to an announcement made by Cyprus’s Minister for Energy, George Lakkotrypis, on Monday 30 October, the country is awaiting the results at the end of 2018 of further exploratory drilling being carried out to assess its offshore gas reserves to see whether they can be used.
Further exploratory drilling expected by the end of 2018 will be crucial for calculating the level of hydrocarbon resources Cyprus has and, on this basis, determine its decisions for gas exploitation policy,...