Dec 21 (LNGJ) - Italian energy company Eni has made a new natural gas discovery offshore Cyprus in the growing gas hub of the East Mediterranean. The find was in the Zeus-1 well drilled in Block 6 and lcoated 162 kilometres (101 miles) off the Cypriot coastline in water depths of 2,300 metres. The block is held on a 50-50 basis between Eni and France’s TotalEnergies.
“Zeus-1 is the third consecutive discovery in Block 6. It follows Cronos-1 and Calypso-1 and confirms the promising outlook for the area,” said Eni. The gas in place associated to this reservoir is preliminarily estimated at between 2 trillion cubic feet and 3 Tcf.
The 50th anniversary Gastech Exhibition and Conference on LNG, pipeline natural gas and emerging energies entered its third day on Wednesday after serious discussions on the natural gas crisis in Europe, the future of Gazprom's ties with the West and projects to replace Russian gas from regions like the East Mediterranean and Africa.
The Government of Cyprus has extended a tender deadline to March 29 for a floating LNG import terminal and associated facilities.
Egypt is planning LNG production from feed-gas transported to its existing liquefaction plants near Alexandria via a pipeline linked to the Aphrodite natural gas offshore Cyprus as part of an East Mediterranean project costing up to an initial $1 billion.