Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

cyprus

Cypriot Company Formed For East Mediterranean Exploration

A group of Cypriot businessmen has formed EastMed Energy Ventures Ltd for the purpose of participating in hydrocarbon exploration in the eastern Mediterranean Sea. A company spokesman told MEES that the newly-formed enterprise is focusing on opportunities offshore Lebanon and Syria and is also paying close attention to developments in Cyprus, where the government is...