Cyprus Upbeat on NatGas Hotspot Despite Ongoing Turkish Imbroglio

摘要

Cyprus is "very, very optimistic" about its second bid round, for which more than 40 firms have purchased data, top energy official Solon Kassinis tells Natural Gas Week sister publication World Gas Intelligence. The 12-block round closed late last week with awards likely in 2013. The first 11-block round in 2007 was disappointing, yielding just one award to Houston-based Noble Energy. But after Noble firmed up around 7 trillion cubic feet of gas reserves in the Cypriot acreage, following even bigger finds in neighboring Israeli blocks, Cyprus decided to test the waters again (NGW Jan.2'12).