Total-Eni application for block 7


The Ministry of Energy, Commerce, Industry and Tourism has announced a single application from joint venture Total E&P Cyprus B.V. / Eni Cyprus Limited, for a license to carry out explorations for hydrocarbons in block 7 of Cyprus’ exclusive economic zone.
 
In a press release, the Ministry refers to the timeframe for submitting applications, noting that it expired on November 26, with a single application being received from joint venture Total E&P Cyprus B.V. / Eni Cyprus Limited.
 
It adds that over the next few days the application will be examined by the Consultative Committee, which will prepare a report to be sent to the Minister of Energy.
 
Then, the Minister will present the proposal to the Council of Ministers, where decisions will be take.

 

Source: Stockwatch

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