Middle East Economic Survey


No 48



Cyprus Cabinet Endorses Second Offshore Bidding Round

The Council of Ministers of the Republic of Cyprus on 23 November endorsed the launch of a second international licensing round for the remaining 12 blocks in its offshore exclusive economic zone (EEZ) south of the island. The launch of the round is expected to be announced during the first quarter of 2012 following a statement by the government spokesman saying that it would...