“Zhor” gas indications for Cyprus within days
Energy Minister George Lakkotrypis on Tuesday said that indications as to whether Egypt’s giant natural gas “Zhor” field extends into Cyprus’ Exclusive Economic Zone (EEZ) or not will be made available in the next few days.
“We will have an overall picture in the next few days”, Lakkotrypis said when asked whether “Zhor”, which holds as much as 30 trillion cubic feet of gas, extends into Cyprus’ EEZ.
“Two things must extend to our EEZ, the geological structure of the sea bed and the gas field as such”, he added.
Lakkotrypis was talking to journalists after a meeting with Secretary General of opposition left-wing Akel party Andros Kyprianou.
Regarding Italian energy giant ENI’s research program offshore Cyprus, the Minister said they had begun processing the geological data. And that only some geological details were left.
Lakkotrypis repeated that there are positive prospects as regards the geology of the region and Cyprus’ EEZ following the discovery of natural gas in “Zhor” field.
Source: http://in-cyprus.com/zhor-gas-indications-for-cyprus-within-days/