Cyprus Mail
Energy

Cyprus natural gas project a priority for Total

President Nicos Anastasiades expressed his satisfaction Thursday after meeting in Paris with Christophe de Margerie, the CEO of French oil major Total.
 
Speaking to newsmen after the meeting, which lasted an hour, Anastasiades said the French company had presented their timetable for hydrocarbons exploration in Cypriot waters.
 
The President said he came away with the impression that Total views the Cypriot project as one of their priorities.
 
Earlier this year Cyprus awarded the French company concessions on offshore blocks 10 and 11.
 
For his part, de Margerie confirmed that Total plans to explore for oil as well as natural gas, and assured Anastasiades that the company is keen on expediting its surveys so as to be able to drill “as soon as possible.”
 

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Source: Cyprus News Agency