Oil and gas companies have assured plans on track

Oil and gas companies have assured the government they remain committed to their projects in Cyprus’ exclusive economic zone and will stick to schedules revised due to the coronavirus situation, the energy minister said on Tuesday.

“We have been in touch with all companies engaged in our EEZ… they anticipate that the delays owing to the coronavirus will not be repeated and that their programme will continue normally, under the timetables agreed,” Natasa Pilides told MPs.

Whereas energy companies have had to discontinue several projects across the world, thankfully Cyprus is not among these, she added.

Sometime in the coming weeks the government will hold a conference call with all the companies concerned.

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