Cyprus Launches Round Three of Hydrocarbons Exploration in EEZ
— February 16, 2016Cyprus has launched round three in its bid to find undersea oil and gas in its Exclusive Economic Zone (EEZ), said Government Spokesman Nicos Christodoulides. Hydrocarbons are the emerging sector in the regional economy after Cyprus, Israel and Egypt discovered large reserves. This has led to new and closer alliances between Cyprus, Greece and Israel. […]
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