Middle East Economic Survey

VOL. LIV

No 35

29-Aug-2011

CYPRUS

Cyprus Looks To Israel For Support On Block 12 Drilling

Cypriot Foreign Minister Erato Kozakou-Marcoullis visited Israel on 23-24 August to gather support for plans by US independent Noble Energy to start exploratory drilling in Block 12 in the islands exclusive economic zone (EEZ). An announcement made earlier this month by the Cyprus Department of Energy that Noble would launch the first well in the Cyprus offshore by 1 October...