Cyprus natural gas project a priority for Total

President Nicos Anastasiades expressed his satisfaction Thursday after meeting in Paris with Christophe de Margerie, the CEO of French oil major Total.
 
Speaking to newsmen after the meeting, which lasted an hour, Anastasiades said the French company had presented their timetable for hydrocarbons exploration in Cypriot waters.
 
The President said he came away with the impression that Total views the Cypriot project as one of their priorities.
 
Earlier this year Cyprus awarded the French company concessions on offshore blocks 10 and 11.
 
For his part, de Margerie confirmed that Total plans to explore for oil as well as natural gas, and assured Anastasiades that the company is keen on expediting its surveys so as to be able to drill “as soon as possible.”
 

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.