Noble
Energy reported today the discovery of natural gas in its Aphrodite well in
Cyprus
’s exclusive economic zone. According
to the company, the first data from the well show that the size of the field
could be 30-40% bigger than previously calculated. Although the drill hasn’t
yet reached the depth of the gas field itself, Noble and the Cypriot government
are very optimistic and satisfied with the progress so far.
According
to the newspaper “Phileleftheros”, the Cypriot president, Mr. Christofias, is
going to visit the platform this week, in order to proceed with the first gas
flaring. However, petroleum geologists spoke to Energia.gr and said that data are
still preliminary at this point and are not enough to determine the size of the
natural gas field.
Noble
Energy is satisfied with the discovery, but at the same time, the company
appears worried about the government’s delay in completing the deal about
commercial production and exportation of the natural gas.