Cypriot cabinet approves contract with Total for hydrocarbon explorations

The Cyprus signed contract with the French company TOTAL for granting the licenses for exploratory drillings in blocks 10 and 11 on Cyprus’ Exclusive Economic Zone. In statements to the press, at the Presidential Palace, following a meeting of the Cabinet, Government Spokesman Mr Stefanos Stefanou, noted: “The Council of Ministers decided, at the meetings…

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