TAP pipeline completion rate at 95%
The TAP pipeline with a total pipeline length of 878 km, is a project worth EUR 4.5 billion and is one of the EU’s core projects in the energy sector
First exploitation licenses set to be issued for Cyprus EEZ
It is the first time that such licenses will be issued for the Cyprus Exclusive Economic Zone
Cyprus Energy Minister: Five exploratory drills over the next two years
The recent discovery by ExxonMobil & Qatar Petroleum of natural gas deposits off the coast of Cyprus is larger than 40% of the EU’s natural gas consumption in 2018