* Extra train would take terminal cost to $9 billion
* Total not immediately available for comment
NICOSIA, June 25 France's Total has
signed an outline deal to invest in facilities to export gas
from Cyprus, which wants to exploit its reserves rapidly to help
it emerge from financial crisis, government sources said.
Total, Italy's Eni, South Korea's Kogas
and Noble Energy are among the energy firms that have
signed deals to explore Cyprus's new-found gas potential.
Government officials in Cyprus said on Tuesday that Total
had signed a memorandum of understanding on a second liquefied
natural gas (LNG) production line, known as a train in the
The estimated cost would be $3 billion, they said, which
would be in addition to the estimated $6 billion cost of the
first LNG train.
Further details on the terminal and the first train are
likely to come out on Wednesday, when Cyprus is expected to sign
a memorandum of understanding with Noble, Delek Drilling
and Avner Oil Exploration to develop it.
Shipment of Cypriot gas by pipeline eventually could be
possible, but in the shorter term Cyprus aims to start building
an LNG terminal by early 2016 and start LNG exports from 2019.
Total officials could not immediately be reached for
(Reporting by Francesco Guarascio, Michele Kambas in Nicosia,
Michel Rose in Paris; writing by Barbara Lewis; editing by Jane