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3 FAQs about [Gas storage nicosia]
Who imports natural gas in Cyprus?
The council of Ministers of the Republic of Cyprus has issued a decree dated 18/06/2008, which appoints DEFA as the sole importer and Distributor of Natural Gas in Cyprus and directs DEFA to proceed with securing the necessary Natural Gas quantities at the best commercial terms.
Is Cyprus considering a new licensing round for offshore natural gas exploration?
REUTERS/Yiannis Kourtoglou/File photo Purchase Licensing Rights NICOSIA, Nov 13 (Reuters) - Cyprus is considering a new licensing round for offshore natural gas exploration as demand remains strong despite global attempts to move away from fossil fuels, its energy minister said.
How many offshore energy blocks are there in Cyprus?
Cyprus has 13 offshore blocks, 10 of which are under licence to energy majors including Eni (ENI.MI), Exxon Mobil Chevron (CVX.N) and TotalEnergies (TTEF.PA). Blocks on offer could be either those not under licence, or blocks where operators may wish to relinquish their licence, Papanastasiou said, without going into detail.
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