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    Cyprus Mail: Cyprus’ bright energy future

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DESPITE THE ongoing and historic challenges facing the broader region’s economy, the wind is at Cyprus’ back. Indeed, and as independent...

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Cyprus Mail: Cyprus’ bright energy future

DESPITE THE ongoing and historic challenges facing the broader region’s economy, the wind is at Cyprus’ back. Indeed, and as independent Wood Mackenzie analysts and the Government have confirmed, the recent discovery of a major natural gas reservoir off the coast of Cyprus “has the potential to secure future domestic gas supply as well as generate fiscal revenues for the ailing Cypriot economy, particularly if some of the gas is exported.” MORE