NH1 News Debates


Dec 19, 2014 12:53 PM

Cyprus: initial offshore drilling finds no gas

The Associated Press

NICOSIA, Cyprus (AP) Cyprus' Energy Ministry says initial exploratory drilling by an Italian-Korean consortium off Cyprus' southern coast has failed to find significant quantities of gas.

The ministry said Friday that the SAIPEM 10000 rig belonging to the Eni-Kogas consortium drilled to a depth of 5,800 meters (19,000 feet) without success.

The ministry said new drilling will begin elsewhere inside an area, or block, where Cyprus has licensed the consortium to search for fossil fuels.

The consortium had identified six potential gas fields inside the block.

Cyprus has also licensed France's Total and U.S. firm Noble Energy to search for offshore gas.

Noble and Israel's Delek and Avner are partners in a Cypriot gas field that's estimated to contain between 3.6 trillion and 6 trillion cubic feet of gas.


--  Dealing with the Disease of Addiction? Click here for help --

More from NH1.com

NH1 News Debates
NH1 News Replay

NH1 on Twitter

NH1 SkyView Cameras

NH1 on Facebook

Check out NH1 News Rail Polls on LockerDome on LockerDome