The realistic time period for the first natural gas exports should be considered 2026-2027, said Energy Cyprus Minister Natasa Pileidou, according to what Natasa Pileidou mentioned, is awaiting the submission by the ENI/TOTAL consortium of a specific plan for the field, with schedules and marketability options. Depending on the plan submitted by the companies, the Cypriot Government will determine its own decisions.
President of Cyprus Nicos Anastasiades, when asked to comment on the latest finding in the Cyprus Exclusive Economic Zone, stated that “the Republic of Cyprus, despite the threats of Turkey, despite what is recorded with the violations of our Exclusive Economic Zone, continues to implement its energy program”.
He added that the ENI company continues drilling in a target adjacent to the recent find, with the escort presence of the Italian navy for security.
“As planned, both Total and Qatar Petroleum will proceed with the surveys, they are already conducting seismic surveys,” he said.