The Cypriot government on Thursday awarded a license for natural gas exploration rights for an offshore block to a consortium made up of ExxonMobil and Qatar Petroleum.
“I have also been authorized to sign on behalf of the Republic of Cyprus, the exploration and production sharing contract agreed with the consortium after intense negotiations,” she told journalists after the approval.
The contract with the two companies will be signed at a ceremony to be held in Nicosia within the next few days, she added.
[Kathimerini Cyprus]
