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Cyprus signs a deal with Total (TOT) to search for offshore oil and gas - already its agreement...
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Wednesday, February 6, 11:33 AM ETCyprus signs a deal with Total (TOT) to search for offshore oil and gas - already its agreement with an energy major this year - hoping for an energy windfall from the largely untapped eastern Mediterranean that could negate the country's need for an austerity program. But any finds are not expected to come ashore until 2018 at the earliest for domestic consumption, and 2019 for export.
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