Cyprus News Agency: News in English, 11-06-23
CONTENTS
[01] PRESIDENT NOBLE ENERGY
[01] PRESIDENT NOBLE ENERGY
Noble Energys Senior Vice President Rodney Cook said that drilling in
Cyprus exclusive economic zone will start no later than the end of this
year.
Speaking to the Press after a meeting he had with President of the
Republic Demetris Christofias, Cook said that he informed the President
on the upcoming drilling, adding that we look forward to that
opportunity.
Asked whether there is a specific date the drilling will start and if
there are any findings so far, he said that at this stage no specific
date can be set, explaining that the rig will be used for some work in
Israel first for a specified period of time, adding that our target is
certainly by the end of the year and we cant really give a more
definite date than that.
Cook said that both the President and the Minister of Commerce with
whom he met this morning - pledged their support, adding that with the
President we have also discussed beyond the drilling of the well, on
how we would monetise gas upon discovery and further cooperation.
Minister of Commerce Antonis Paschalides said that the President was
briefed on all the actions taken so far, adding that the President
approved of these actions and expressed his satisfaction for the
cooperation and the outcome so far.
Both sides we were reassured to move forward taking firm but yet prompt
steps, in a responsible manner, for the completion of the works,
according to the contract, the Minister underlined.
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