Middle East Economic Survey

VOL. L

No 34

20-August-2007

CYPRUS

Minimal Interest Expressed In First Cyprus Offshore Licensing Round

The Cyprus Ministry of Commerce, Industry and Tourism on 16 August announced that it had received two bids for the 11 offshore blocks it tendered in February (MEES, 19 February). Speaking shortly after the bidding deadline, the permanent secretary of the ministry, Efstathios Hamboullas, said six companies had purchased the seismic data and a total of four companies...