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Cyprus Confirms Major Offshore Gas Discovery in Block 10
Summary by Famagusta-gazette.com
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Cyprus Confirms Major Offshore Gas Discovery in Block 10
NICOSIA, Cyprus — Cyprus announced a significant natural gas discovery, estimating that two adjacent fields in its exclusive economic zone contain between 8 and 9 trillion cubic feet of reserves, according to government spokesman Konstantinos Letymbiotis. The Pegasus and Glaucus fields, located in offshore Block 10 and operated by ExxonMobil, were drilled earlier this year. The reserve estimates were presented to President Nikos Christodoulides …
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