articles | 10 June 2018

Cyprus welcomes Exxon’s intention to speed up drilling plans

Foreign Minister Nicos Christodoulides has welcomed ExxonMobil’s intention to accelerate procedures ahead of scheduled offshore drillings in the island's exclusive economic zone.

Asked about his recent meeting with ExxonMobil’s Vice President, Tristan Asprey, in the presence of Energy Minister Giorgos Lakkotrypis, where they discussed geopolitical developments, Christodoulides said that energy planning was going as planned. He added that during the meeting, the company expressed its intention to speed up the process.

ExxonMobil’s Vice President for Europe, Russia Caspian and Asia Pacific / Middle East region, Asprey was in Cyprus on Friday for contacts with officials. The company plans two drillings in block 10, in the island’s EEZ starting in the fourth quarter of 2018.

Source: Cyprus Mail

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