As Cyprus and licensed companies prepare to resume exploratory drilling, starting with the ENI-
KOGAS consortium, which is expected to start drilling in Block 9 before summer’s end, Nicosia is, more than ever, determined to turn the island into an energy hub for the region. However, progress has been relatively slowed down as the country faces substantial challenges. While the appraisal drilling in Aphrodite was largely an excellent news, confirming the presence of significant gas reserves, the quantities in question were inferior to previous estimates.