Cyprus Eyes Gas Pre-Sales To Plug Finances
Cyprus is hoping proceeds from its natural gas resources will lift it out of recession, and the possibility of pre-selling reserves to bring in funds early to plug its deficit is already being raised. In late October, Director of the Cyprus Energy Department, Solon Kassinis, told Cypriot TV channel RIK, that the net benefit Cyprus could derive from the exploitation of its hydrocarbon resources could be as high as...
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