15 firms to bid for gas drilling rights off Cyprus
Posted: May 11, 2012 10:27 AM EDT Updated: May 11, 2012 1:07 PM EDT
By MENELAOS HADJICOSTIS
Associated Press
NICOSIA, Cyprus (AP) - Major oil and gas companies such as Russia's Novatec, Italy's ENI, France's Total, and Malaysia's Petronas are among 15 firms and consortiums that are seeking to carry out exploratory drilling for gas deposits off southern Cyprus, the island's commerce minister said Friday, despite Turkey's strong objections.
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