Reported 3 days ago
Cyprus President Nikos Christodoulides announced significant agreements between Cyprus and Egypt aimed at exporting natural gas from Cyprus through Egyptian processing facilities. These deals are seen as transformative for regional energy collaboration, with one agreement facilitating the transportation of gas from the Cronos deposit and another outlining the development of the Aphrodite deposit. This initiative positions the eastern Mediterranean as a potential energy hub, with prospects for significant exports to Europe.
Source: YAHOO