Kibris Postasi claims that Cyprus government is in panic due to no interest for the 3rd licensing round

Turkish Cypriot daily Kibris Postasi newspaper (11.07.16) claims that no application has been made yet for the licensing for hydrocarbon explorations in Cyprus’ EEZ since the commencement of the 3rd Licensing Round for offshore exploration Blocks 6, 8 and 10 in last March.

Citing Greek Cypriot diplomatic sources, the paper claims that the Greek Cypriot government, as the Cyprus government is referred to, is in panic because there are no applications and the deadline is on July 22nd. It is reported that Cyprus President Nicos Anastasiades stepped in personally by holding separate meetings with delegations from Delek and ENI on Tuesday and with TOTAL on Wednesday. However, it is reported that the companies did not take a clear stance whether they will participate or not to the third round of licensing.

Source: PIO

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