Cyprus Mail
Cyprus

Energy talks gear up as deadline for third licensing round nears

President Nicos Anastasiades is to have meetings with representatives of energy giants in the coming week as the July 22 deadline for expressions of interest in the third licensing round for hydrocarbons exploration draws near.

According to government spokesman Nicos Christodoulides on Sunday, in addition to these visits to the island, Energy Minister Giorgos Lakkotrypis is to travel to Britain and the US for discussions with companies that have expressed an interest in principle.

“There is increased interest and this is a clear vote of confidence in the exclusive economic zone of the Republic,” the spokesman said.

“Hopefully this interest will translate into concrete expressions of interest before July 22 so that we can complete the third licensing round.”

The acreage opened up for bidding in the third licensing round are Blocks 6, 8 and 10 in the island’s EEZ.

Related posts

No-deal Brexit would hit Cyprus hard, UK warns

Lizzy Ioannidou

Guterres: Cyprus leaders need to agree on terms of reference

Source: Cyprus News Agency

British expats in Cyprus given an extra year to apply for residence permits (Updated)

Jean Christou

MPs scrutinise failings of land and surveys department

Evie Andreou

Primary teachers to decide on Thursday whether to support work stoppage

Evie Andreou

Free microchipping programme continues until November 30

Gina Agapiou

9 comments

Comments are closed.