Hydrocarbon deposits discovered through a drilling initiave conducted by Total at Cyprus’s Block 11, an offshore plot southwest of the island, cannot yet be utilized, but the drill has provided many significant and positive findings that promise to support prospective efforts, Dr. Konstantinos Nicolaou, a petroleum geologist and board member of the Cyprus Hydrocarbons Company (CHC), as well as a technical consultant for Energean Oil & Gas in Greece, has told energypress in an interview.

The official denounced various media reports purporting to various additional hydrocarbon discoveries in Cyprus’s exclusive economic zone (EEZ).

Nicolaou also noted that work concerning Cyprus’s “Aphrodite” gas field is not being delayed. Instead, the scientist pointed out that additional deposits possessing satisfactory hydrocarbon amounts still need to be discovered to make the development of an LNG terminal sustainable and prompt investments.