Home World Cyprus: Rumors of a large deposit in the “Cronos-1” block and the...

Cyprus: Rumors of a large deposit in the “Cronos-1” block and the response of the Ministry of Energy

0
Cyprus: Rumors of a large deposit in the “Cronos-1” block and the response of the Ministry of Energy

Its Ministry of Energy Cyprus notes that drilling on the “Cronos-1” target in block 6 of the Cyprus Exclusive Economic Zone is ongoing and there is nothing to announce at this stage.

The announcement of the Ministry of Energy, according to sigamlive.com was issued after today’s front page publication of the newspaper “Alithia” that during the work of the ENI/TOTAL consortium in block 6 a “large deposit” was discoveredwhile there are additionally positive indications for a second column of natural gas next to the discovery of the field.

In its announcement, the Ministry limited itself to reporting that “The operations of the “Cronos-1″ well, within Block 6 of the Exclusive Economic Zone of the Republic of Cyprus, are ongoing and there is nothing to announce at this stage”.

It adds that the drilling, carried out by the joint venture Eni Cyprus Limited and TotalEnergies EP Cyprus BV which holds a Hydrocarbon Exploration License for the Block in question, is expected to be completed within the next few weeks.

Finally, he reminds that the drilling operations started on 23/5/2022 with the drillship “Tungsten Explorer” and are monitored, on a continuous basis, by the staff of the Hydrocarbons Service, Ministry of Energy, Trade and Industry.

Source: News Beast

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version