Cyprus Energy Service which has been handling the Cyprus drilling efforts has been stripped of all its responsibilities related to the exploitation of hydrocarbons by the Ministry of Commerce.
Natural Gas
Cyprus-Russia deal for two plots in the Exclusive Economic Zone?
Information suggests that the Republic of Cyprus closed a deal with Russia for the exploitation of hydrocarbons.
Turkish exploration vessel Piri Reis and warships from several countries in the south of Cyprus
Unconfirmed information indicates that Piri Reis was driven out of the Plot 12 area by the foreign warships.
Greek Cypriots willing to share natural gas revenue with Turkish Cypriots
If a revenue is seen from the exploitation of the hydrocarbons in the exclusive economic zone of Cyprus, it will be shared between the two communities.
Noble Energy is starting the drill for gas today
Drilling for hydrocarbons in plot 12 of the Cyprus Exclusive Economic Zone is starting in a few hours.
Turkish Energy Minister: ‘Don’t attempt to test Turkey’s past’
Turkey’s energy minister on Tuesday said no one should attempt to test either the Turkish government or the country’s past, in reference to Greek Cyprus’ intentions to explore for natural resrouces under the eastern Mediterranean Sea.
Turkish continues to threaten the Republic of Cyprus not to proceed with the Natural Gas plans
Turkey announced that will be sending military frigates in order to prevent the planned drilling on 1st October for oil and natural gas within the Exclusive Economic Zone of Cyprus.