Cyprus' commerce minister says that oil firms from Russia, Italy, France, Canada, Malaysia, Israel and the U.S. are among 15 companies and consortiums seeking to carry out exploratory drilling for gas deposits off the island's southern coast.
Neoklis Sylikiotis said interest in a second licensing round that concluded Friday "exceeded expectations by far" after U.S. firm Noble Energy announced last December the discovery of an offshore natural gas field that it estimated at 5-8 trillion cubic feet (140-230 billion cubic meters).
But the gas search has rankled with neighboring Turkey, which doesn't recognize Cyprus as a sovereign country. Ankara says the search ignores the rights of Turkish Cypriots in the breakaway north of the ethnically split island and has started exploratory drilling of its own there.
Concealed Carrying AF Vet Held Back From Stopping Attack By UCC Staff
No George Stephanopoulos, Mass Shootings Are Not Increasing | RedState
Dear 'Gun Free Zone' Campus Wizards: Nine Kids Died Because Of Your Stupid Policy
The truth about gun deaths: numbers and actual solutions
- What Is Your U.S. Income Percentile Ranking?
Mia Farrow accidentally shows how little the NRA spends in D.C.
The War on America Turns 50 | Human Events