Discovery of the third largest gas reserve in the world in Cyprus



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The Minister of Energy revealed Georgios LacotripisWho announced the results Drilling Exploration Wednesday, the global discovery provides evidence of the opportunity to discover more Hydrocarbons In the water

The evidence showed that it was possible to detect more hydrocarbons in the waters off the island, in the east. Mediterranean, Which can become an alternative source of energy in Europe.

The field should contain between 5,000 and 8,000 billion feet Gas.

The island of Cyprus is located in the Levant region, east of the Mediterranean, where Israel and Egypt have already found some of the largest natural gas reserves in the last ten years .

He said Tristan Asparay, Vice President of the company "Exxon Mobil", The establishment of a plant in Cyprus to manage gas exports is an option.

Asparay pointed out that "Exxon Mobil" is interested in looking for more gas elsewhere on the south coast of Cyprus.

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Energy Minister Georgios Lacotripis, who announced the results of the exploration work on Wednesday, revealed that the global discovery proved that more oil could be discovered in the water.

Evidence has shown that more hydrocarbons could be detected in the waters off the eastern Mediterranean island, which could become an alternative source of energy in Europe.

The field is expected to contain between 5,000 and 8,000 billion feet of gas.

The island of Cyprus is located in the Levant region, east of the Mediterranean, where Israel and Egypt have already found some of the largest natural gas reserves in the last ten years .

Tristan Aspray, vice president of ExxonMobil, said setting up a plant in Cyprus to handle gas exports would be an option.

Esparay said that ExxonMobil was interested in finding more gas elsewhere on the south coast of Cyprus.

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