Why Cyprus?

Exploration underway►►►►►Plot 12 licensed to US‟s Noble EnergyNoble has Israel‟s Leviathan rights – findings est.$65bnPlot 12 neighbours Leviathan findingIsrael-Cyprus cooperationThe first stage that started already, includes theapproach of gas and oil reserves at 2.000 m awayfrom the core of the basin and will provide strongevidence for the quality and quantity of thereserves. The second stage that will begin afterprocessing of the data will include drilling at thepoint where the reserves have been foundAccording to Professor Michael Economides (University of Houston and Editor-in-Chief of EnergyTribune “… the geological evidence shows that the Aphrodite gas field (plot 12) contains at least theamount of gas of Leviathan or even 50% more”17