Remarks
by the Minister of Energy
Mr
Yiorgos Lakkotrypis
Noble
Energy will submit a development plan for the Aphrodite deposit and will declare
it commercially viable within the next few weeks, the Minister of Energy,
Commerce, Industry and Tourism, Mr Yiorgos Lakkotrypis, announced today.
In
his remarks to reporters - at the Presidential Palace, following a meeting of a
delegation from Noble Energy with the President of the Republic, in the presence
of the Minister of Energy - Mr Lakkotrypis said that the meeting between the
President of the Republic and the Vice President of Noble Energy, Mr Keith
Elliot, was very good, and added that “the company briefed the President about
its planning for the submission of a development plan for the Aphrodite deposit
and the declaration of the deposit as commercially viable within the next few
weeks.
These
two facts are very important for Cyprus, because it will be the first time that,
as a country, we will pass from the stage of exploration for hydrocarbons to the
stage of development and exploitation of hydrocarbons.
On
his part, the President expressed his satisfaction and offered the support of
the Cyprus Government for the continuation of the planning of the company for
the exploitation of the Aphrodite deposit.”
