Middle East Economic Survey

VOL. L

No 11

12-Mar-2007

Cyprus

Cyprus Says EU Backs Licensing Round

Republic of Cyprus Foreign Minister George Lillikas, after meeting with EU Commissioner for Energy Affairs Andris Piebalgs in Nicosia on 2 March, said the latter reiterated Europes support for the islands recent launch of an offshore bidding round covering an exclusive economic zone (EEZ) in the southeastern Mediterranean. Cyprus on 15 February opened tenders for 11 offshore blocks in an area south and...