May 6th, 2017The UN secretary-general, concerned by the state of the peace talks, has put forward “some ideas” which his Cyprus envoy, Espen Barth Eide, will put to the two leaders after he returns to Cyprus on Monday.
Eide, who briefed the UN chief, Antonio Guterres, in New York on Friday said they had a “thorough, strategic discussion”...
April 10th, 2017Turkish threats over the Republic’s natural gas exploration are nothing new, Energy Minister Giorgos Lakkotrypis said on Monday, reiterating that Cyprus would continue applying its policy on energy.
“Provocations and threats are nothing new,” the minister said.
Ankara had issued threats in 2007, 2011, when US-based Noble...
March 6th, 2017Cyprus’ energy plans are on track and news of developments is expected soon, the government spokesman said on Monday.
“All is proceeding as planned and there is absolutely no change in the plans of the Republic...announcements regarding to the implementation of our energy plans should be expected within the next week,” Nicos...
May 27th, 2013By Elias Hazou
US FIRM Noble Energy is to begin appraisal drilling at the Aphrodite offshore prospect in early June, officials confirmed yesterday.
Energy and trade minister Giorgos Lakkotrypis was commenting on an announcement posted on Sunday by Delek Drilling and Avner - subsidiaries of Israel’s Delek Group - saying the...
May 27th, 2013Exploratory drilling on Block 12 will begin on June 15 in Block 12 for the natural gas.
The budget for the drilling, to establish how rich the hydrocarbons are, is estimated at $117 million. The drilling will reach depths of 1,750 metres below sea level, while the final phase of the drilling is expected to reach 5,600 metres.
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