The construction of the receiving terminal for the Turkish Stream Offshore Pipeline reached 95% of the total volume of work.
This is stated in the message of the project company South Stream Transport BV, which is engaged in the construction of the highway.
A reception terminal is being built near the village of Kiyikey in the Thrace region in western Turkey.
Nicosia has granted approval to the energy companies ENI and Total to explore block seven of Cyprus' exclusive economic zone (EEZ) and approved nine other drilling operations within the EEZ over the next two years.
The approval was finalized in a cabinet meeting on Monday following recent indications by Energy Minister Giorgos Lakkotrypis that an agreement was in the works.
With Nicosia seeking to consolidate its sovereign rights in view of Turkey's stance in the Eastern Mediterranean, Cyprus Energy Minister Yiorgos Lakkotrypis announced on Tuesday that the country will conduct eight drillings, six exploratory and two confirmatory, in specific areas of its exclusive economic zone (EEZ) over the next 24 months, without revealing exactly where.
Corinth Pipeworks, part of Cenergy Holdings, has won a 58.2 million euro ($65.39 million) tender to supply line pipes for a gas interconnector link between Bulgaria and Greece, project company ICGB said.
The Greek pipe maker was one of three pre-selected contenders, one of which withdrew from the process and the other did not meet technical requirements, ICGB said in a statement.