From 5 to 8 trillion cubic feet is the natural gas deposit in plot 10 of the Cyprus Exclusive Economic Zone (EEZ), according to what the American company ExxonMobil announced on Thursday, protothema.gr reports.
The successful completion of the drilling on the “Glafkos” objective of the Cyprus EEZ is the third hydrocarbon deposit located in the maritime area of the Republic of Cyprus. The “Aphrodite” deposit at block 12 (about 4 trillion cubic feet) and the “Calypso” deposit at block 6 for which the Total/ENI consortium did not report any quantity but the information places it near 4 tcf (trillion cubic feet).
As Cypriot Energy Minister G. Lakkotrypis announced, no deposits were identified in the “Delphi” target, but the overall results confirm the role of Cyprus as an alternative source of supply for the European Union.
He described the results as a “good basis” for the creation of a liquefaction terminal but pointed out that more quantities will be needed.
ExxonMobil’s Vice President, Tristan Asprey, expressed his enthusiasm for the deposits at “Glafkos”, adding that the US company will continue analyzing the results.
He stressed that we are still at the beginning of a major journey for future growth, talking about the possibility of new discoveries in both block 10 and other pieces. He expressed interest in extensive research in the Eastern Mediterranean.
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