Mammoth deposit in Cyprus, worth up to 90 billion dollars (video)

The fate of Cyprus, the martyrdom of Megalonisos, seems to be entering a new historical trajectory. The American company NobleEnergy announced the discovery of a field with a volume of 5 to 8 trillion cubic feet of natural gas, worth up to 90 billion dollars, while the field covers the needs of Megalonisos for 120 years, while the revenue for the Republic of Cyprus amounts to 75% of sales, can reach up to 85% in case the existence of a usable oil field is found;

See here the detailed announcement of Noble Energy

President Christofias spoke about the prospects of great and long-term economic growth, which will benefit both current and future generations. "Cyprus enters the energy map of Europe," he said, adding that "finding gas should be an incentive to find a solution to the Cyprus problem, a solution that will end the occupation and contribute to the prosperity of Greek Cypriots and Turkish Cypriots."

President Christofias called on Turkey to refrain from actions that would jeopardize peace in the region and called on it to respect international conditions as well as to contribute to the country's reunification.

The Cypriot President also announced that another drilling will be needed for the development of the deposit, while he announced the preparation for new drillings in another plot of land in the Cypriot EEZ.

It is characteristic that the Cyprus Stock Exchange recorded profits of 34% in the last week, while after the announcements of Noble, liquidations were recorded for the collection of profits.

Source: FIRST SUBJECT