Energy Ministry: One bid submitted for plot 7

The Energy Ministry said on Monday it has received only one bid for hydrocarbons explorations in plot 7 of Cyprus’ EEZ.

The bid was submitted by the joint venture Total E&P Cyprus B.V. / Eni Cyprus Limited.

The ministry said the bid will be examined by the competent advisory committee which will draft a report.  The Energy Minister will then present a proposal to cabinet for a decision.