New gas find off Cyprus coast
New gas field find provides huge boost to Cyprus’ natural gas reserves.
A consortium of Italy’s Eni and France’s Total has discovered a wide-ranging strain of natural gas southwest of Cyprus, Energy Minister Yiorgos Lakkotrypis has said, according to Reuters.
“An extensive column of clean natural gas was discovered in various geographical formations,” Lakkotrypis told journalists.
Additional analysis of data from the Calypso well is necessary to quantify the findings but Lakkotrypis stated the geology is similar to Egypt’s major Zohr offshore field.
Calypso is situated in block 6 of Cyprus’s offshore exclusive economic zone about 80 kilometres from Zohr.
Discovered by Eni in 2015, Zohr holds an estimated 30 trn cubic feet of gas and is the largest gas find thus far in the Mediterranean.
Cyprus made its first offshore discovery in 2011 with the Aphrodite field, which lies south-east of the island.