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ExxonMobil, Eni, Total in talks to develop Cyprus offshore gas

  • ExxonMobil is in discussions with a consortium led by Eni and Total to develop gas deposits off Cyprus' southern coast, as stated by Minister George Papanastasiou.
  • The collaboration aims to bring discovered gas deposits to market, enhancing Europe's energy security amid an ongoing energy crisis.
  • Cyprus officials believe offshore gas deposits could support Europe's search for alternative energy sources.
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