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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Great game with Exxon Mobil of the US Foreign Cypriot deposits

   
New data generated in the Cyprus Exclusive Economic Zone after yesterday's decisions of the Cabinet to begin negotiations of award coveted piece "10" in the consortium Exxon Mobil-Qatar Petroleum. 

New data also for the "6" piece that goes in EMI-Total consortium and which creates problems Turkey. The piece "8" go to EMI. 

The fact that the head of Exxon Mobil will be the new US Secretary of the distinctive and interesting for J. Licensing Round French President, Francois Hollande, in the pre-day visit to Cyprus and the preceding whirlwind of head of EMI in Nicosia, and outline the importance of energy developments in the Cyprus EEZ.
 
Strong competition for temachio- "fillet" emerged as the "10" strengthens the negotiating position of the three ministers, Energy, Finance and Labour, which yesterday authorized the Ministers to conduct negotiations.

The head of Exxon Mobil Cyprus, revealed yesterday the "F" that the negotiation team of the consortium of the two giants, which include Cypriots are ready to come to Cyprus just set the first date Energy Minister.

The criterion of "aggressive" program was important inter alia for ratings and it is clear that on the basis and the notice must be expected significant activity of rigs the next three years in the Cypriot EEZ.

The attention is turned to the "10", however, yesterday's decisions of the Cabinet is significant in relation to the "6", for which there is not much seismographic result of operations by the Turkish frigate approached whenever there seismographic -Now we will see conduct the common activity there of EMI-Total.
 
Also important is the "8", which is awarded to EMI because geological synergies with "9", which already owns and opens new possibilities.
 
Icing on the cake of yesterday's decision, almost € 100 million. Expected to be received by the Finance Minister in total as a bonus to the expected signatures of the three contracts at the end of January.
More in the current sheet "Phileleftheros"