
There will be “no immediate exploitation” of the ‘Pegasus’ natural gas field , Energy Minister George Papanastasiou said on Saturday.
Addressing the electricity authority’s scientific staff’s trade union Sepaik, he said there are “several stages of technical and commercial evaluation” which are required before the gas from the field reaches the market.
He explained that the ‘Pegasus’ field contains a “column of clean natural gas” which is approximately 350 metres