Cyprus one of top 5 countries globally in terms of total discovered resources
The discovery well encountered an extended gas column confirming the extension of "Zohr-like" play in the Cyprus EEZ
According to CEO Bassias, hydrocarbon concessions for Crete & Ionian Sea to be completed by end-year
These areas are considered high risk and high output because of the great sea depth
French energy giant Total to expand natural gas search in Cyprus’ EEZ
Cyprus Energy Minister Yiorgos Lakkotrypis told AP that Total’s move is “very significant”
