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Cyprus signs $9 billion gas deal with energy majors


November 8, 2019

NICOSIA: Cyprus announced Thursday it had signed its first natural gas exploitation deal worth $9.3 billion with a consortium comprised of industry giant Shell, US-based Noble and Israel´s Delek. “Noble Energy, Shell and Delek now have in their hands the first exploitation license granted by the Republic of Cyprus so they can commercialise the deposit,” said Energy Minister George Lakkotrypis, …

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