Cypriot gas no fix for country’s funding gap

Cyprus’ gas is worth less than $2 billion based on reserves found so far and there may be too little to develop anyway, leaving plans to mortgage them against a $13 billion bailout unlikely to fly, Reuters research has found. So far, an estimated 200 billion cubic meters (bcm) of natural gas wort…

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Cypriot gas no fix for country’s funding gap

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