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    Reuters: Cyprus gets 15 bids for offshore gas search

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Summary

Cyprus has received significant interest in bidding on its second offshore licensing round

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News By Country, Cyprus, Press Notes

Reuters: Cyprus gets 15 bids for offshore gas search

The second foray by Cyprus into tapping offshore gas reserves received an unexpected boost on Friday when 15 companies, including international heavyweights, bid for contracts in the untapped and energy-rich east Mediterranean.

The island, which reported a natural gas discovery in December, on Friday received 15 bids for nine offshore blocks rimming the south of the island.

Total, Malaysia's Petronas and Korea's Kogas were among the bidders, energy minister Neoclis Sylikiotis said.  MORE

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