Gas drilling to resume later this year says Pilides

US oil major Exxon Mobil will resume offshore drilling for natural gas later this year, Energy Minister Natasa Pilides revealed on Tuesday.

She said the drilling would take place around November to December.

Speaking to reporters after attending a session of the House energy and commerce committee, Pilides said Exxon will return to block 10 of Cyprus’ exclusive economic zone.

The contract with the rig has already been signed, while the government is in the process of issuing the necessary permits – a routine procedure.


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