33031 - The commencement of drilling within marine block 11 of the Cypriot EEZ

N. Lygeros
Translated from Greek by Athina Kehagias

With the 236/17 NAVTEX, Cyprus has officially stated that the preparations for the initial drilling in marine block 11 have began by the Total-Eni consortium.
This means that the program is precisely followed as per schedule, and without any delays, due to the dynamics of Cyprus who isn’t fearful of Turkey’s propaganda.
Therefore the energean planning remains the same without any change whatsoever.
The preparations taking place within the Cypriot EEZ are indicative of the government’s determination, which by the way is no longer wasting time with unnecessary negotiations which lead to nothing, as long as the natural gas extraction process has not been activated.
The drilling will bare the code Onesiphoros West-1.
As a result, the natural energean data evolution continues on, and it enhances the geopolitical value of Cyprus.
The oil companies Total and Eni have teamed up in regards to this marine block as well, in order to minimize the research risk initially, as well as the production cost at a second phase.
Additionally, the fact that Exxon Mobil is located within marine block 10, and it simultaneously applies together with Total and Hellenic Petroleum in the areas, West and Southwest of Crete, it creates an even stronger allied context, of course so as to support the entire effort within the Cypriot EEZ, but also in order to prepare the ground in regards to the Greek EEZ.
The entire process within the Cypriot EEZ, and now specifically within marine block 11, changes the region’s data, and no one can hereon question its geopolitical value, even within the geo-economic context.
It is consequently now important, that everyone is capable to observe the energean sector developments, and to evaluate everything that has been said, and by whom it was said, regarding the unachievability of this strategic vision.