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Total's energy plans in EEZ

02/07/2018 16:50

French energy giant TOTAL`s plans in Cyprus` exclusive economic zone (EEZ) were discussed during a meeting President Nicos Anastasiades had with chairman and CEO of the company, Patrick Pouyanne, in Paris, on Saturdayevening. The President was in the French capital to attend the Pantheon burial of Simon Veil, Holocaust survivor and women’s rights icon who passed away a year ago at age 89.

Government Spokesman Prodromos Prodromou, who attended the meeting along with Energy Minister Yiorgos Lakkotrypis, told the Cyprus News Agency that the company reaffirmed its interest in the Cyprus` EEZ and its commitment to everything that has been agreed between the two sides so far.

Lakkotrypis wrote in a twitter post on Saturday, that the company showed strong interest to expand its activities in the Cyprus` EEZ.

French energy giant TOTAL applied to the Cyprus government to acquire a stake in block license 8 in the Cypriot Exclusive Economic Zone currently owned by Italy’s ENI.

TOTAL along with ENI are partners in blocks 11 and 6. An exploratory well carried out in early 2017 in Kalypso target revealed a “promising discovery” but no data have been disclosed yet concerning the Kalypso`s reservoir size.