CYPRIOTS LAUNCH DRILLING AT 8 SITES IN EASTERN MEDITERRANEAN OVER 2 YEARS

The Mediterranean basin is proved to be a world-class energy source with huge hydrocarbon potential. The recent energy discoveries in Cyprus, Such as: the Calypso discovery in block 6, the Aphrodite discovery in block 12 and the new recent discovery by ExxonMobil in block 10 raise Cyprus as one of the world-class energy countries to invest. Not to mention the gas discoveries found in Israel.