Middle East Economic Survey

VOL. LIII

No 27

5-Jul-2010

REGIONAL

Cyprus Prepares For Second Bid Round In 1H11, As Gas Prospects Grip East Mediterranean

Cyprus plans to launch a second bid round for offshore exploration and development blocks sometime during the first or second quarters of 2011, Solon Kassinis, head of Cyprus Energy Department at the Ministry of Commerce, has told MEES. It had been expected that Nicosia would announce a bid round sometime during 2010 (MEES, 4 May 2009)....