Snapshots

Cyprus: Another Offshore Discovery Will Intensify a Regional Struggle Over Energy

Feb 28, 2019 | 23:13 GMT

ExxonMobil ended weeks of speculation with its announcement on Feb. 28 that it had struck a significant gas deposit at its Glaucus prospect, southwest of Cyprus in the eastern Mediterranean Sea. Initial assessments suggest the reservoir could have between 142 billion and 227 billion cubic meters (5 trillion and 8...

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