• Natural Gas News

    Dissapointment at "Onasagoras” Cyprus Block 9

Summary

Drilling by ENI-KOGAS has not shown ommercially exploitable natural gas reserves at the offshore Onasagoras field,located in bloc 9 of the Cyprus EEZ

by:

Posted in:

Natural Gas & LNG News, News By Country, Cyprus, East Med Focus

Dissapointment at "Onasagoras” Cyprus Block 9

Dissapointment in Cyprus, with results from the latest drilling in the East Mediterreanean.

The Cypriot Energy Ministry has reported that commercially exploitable natural gas reserves were not found by the ENI-KOGAS partnership at the first exploratory drill at the offshore Onasagoras field, located in Block 9 of the Cyprus exclusive economic zone.

According to an official announcement, the joint venture will complete drilling within the next few days and move on to the Amathusa field, also located in block 9.

“Drillship Sapiem 10000 will continue as normal, the exploration programme that started last September,” the ministry said.

ENI is the Operator of blocks 2, 3 and 9 of the Cyprus EEZ with 80% participating interest while KOGAS is partner in these blocks with a 20% participating interest.