Cypriot Energy Findings Come Up Short
Over the past couple of months, energy corporations have not found any exploitable natural gas deposits off the Cypriot coast.
- Published in Economy
Over the past couple of months, energy corporations have not found any exploitable natural gas deposits off the Cypriot coast.
Greece's sole oil generator Energean Oil & Gas has just increased its recoverable oil deposits to approximately 30 million barrels, which is over 10% of its total deposits.
Today, Greece approved Italian Enel energy agency's desire to hunt for natural gas and oil sources, in the nation's western onshore region.