ExxonMobil’s discovery of a natural gas reservoir at the Glaucos well in plot 10 of Cyprus’ EEZ has an estimated value of between $30b and $40b and could generate enough electricity to cover Cyprus’ needs for the next 200 years, Phileleftheros reported on
Greek investors are very keen to invest in the Cyprus economy and are eyeing opportunities in excess of half a billion euros.
Informed sources told INSIDER that two big Athens-based construction companies – have joined forces and are close to signing t
A sufficiently large and commercially viable oil reservoir has been discovered in Cyprus’s Block 10 Glaucus target, according to Kathimerini sources.
Official results from Exxonmobil are not expected until the end of next week. The information comes
Property for sale in Paphos among the cities of Cyprus Paphos occupies a special place. Located on the coast, this city has absorbed many beautiful features: warm climate, beautiful scenery, historical monuments.
Within just several years Paphos turned from a quiet town into a major luxurious resort that is rich in tourist attractions and famous for its beautiful nature. The resort is open to visitors all year round. The sea here is always warm and the weather is sunny and windless.
Start your acquaintance with the city from visiting its historical and cultural monuments. Pafos Medieval Fort is one of them. It was built in the days of Alexander of Macedon and served as the main fortification facility. Among the attractions of Paphos there are sights that are included in the UNESCO list. The ancient town Nea Paphos is one of such sights. On the territory of the old town you will see the houses made yet by the Romans. The buildings are decorated with beautiful mosaics. Even now tourists can see the scenes from the famous myths that are laid on the floor and walls and are made of colored pebbles.
Don’t forget to participate in an excursion to one of the oldest cemeteries of Paphos, which is called the Tomb of the Kings. This place was used to bury people yet in the 3rd century BC.