Bad news for our energy hub ambitions: Cyprus’ Zohr neighbor is a dud: The Onisiforos well in Cypriot block 11 does not contain enough gas to make it commercially viable as a standalone project as it has less than 0.5 tcf of gas, Energy Minister Yiorgos Lakkotrypis said, according to Cyprus Mail. The block, which is adjacent to Egypt’s Zohr, is being explored by Eni and Total. Lakkotrypis saw a silver lining in the results, saying they “are encouraging, in the sense that they confirm the existence of natural gas and a carbonate reservoir within Cyprus’ EEZ, similar to the one discovered in Egypt’s Zohr field.”
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