The government sees in a positive light the prospect of Noble Energy`s efforts to sell part of its share in block 12 of Cyprus` exclusive economic zone to a strategic investor.
According to Energy Minister Yiorgos Lakkotrypis, Noble is in this process for several months, something the Minister said comprises a standard process for companies looking to raise funds in order to develop their offshore resources.
“Noble is in consultation with various companies in order to make available a part of the share it owns today in block 12,” Lakkotrypis went on.
Source: www.cna.org.cy
