The minister said that ENI/KOGAS will proceed with four sets of exploration drilling, with results expected next month.

"This first drilling will be crucial for the future since it will show what is there at the Onasagoras field and will give us data for the whole geological structure of the area”, he said.

The minister made the remarks during an address to the ‘Energy Prospects’ events in Limassol.

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.

Source: Famagusta Gazette