Energy Minister George Papanastasiou on Friday expressed his hope that American multinational oil and gas corporation ExxonMobil’s decision to begin drilling for natural gas in block 5 of Cyprus’ Exclusive Economic Zone (EEZ) will “open new horizons” .
Speaking after a meeting attended by ExxonMobil vice president for global exploration John Ardill, President Nikos Christodoulides, and himself, he said that the corporation’s decision to drill in block 5, which contains