Between 3.6 trillion cubic feet (Tcf) and 6 Tcf of natural gas estimated at block 12.
Cyprus Home — 02 October 2013
Findings on Thursday

Nicosia – Announcements on the official findings of confirmation drills at the Cyprus’ Aphrodite Gas Field will be made Thursday instead of Wednesday as expected.
Phileleftheros sources said that Wednesday’s Cabinet on the issue has been postponed due to the convening of the National Council.
The findings will first be passed on to the Cabinet and party leaders or representative before being made public and so Noble and Delek have also agreed to make their announcements on the findings to the New York and Tel Aviv stock exchanges on Thursday as well.
Reports have said that the natural gas deposits found at Cyprus’ Aphrodite Gas Field are smaller than expected although experts have reassured that there is no need for concern and that the amounts are still worth exploiting.

 

Published by: www.incyprus.philenews.com

 

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