Typos

President: Goal is First Sale of Cypriot Natural Gas to Europe via Egypt by 2027-2028

Published March 29, 2026, 09:20
President: Goal is First Sale of Cypriot Natural Gas to Europe via Egypt by 2027-2028

The President of the Republic, Nikos Christodoulides, stated that the goal is the first sale of Cypriot natural gas to Europe via Egypt around 2027-2028. This outcome is considered achievable after years of effort, as the first discovery of natural gas in the EEZ of Cyprus was made in 2011, but there has been no exploitation until today. The President Christodoulides expects developments for the "Cronos" deposit during his visit to Egypt on Monday, which concerns exclusively energy issues. A relevant agreement regarding the exploitation of natural gas will be signed during the visit, marking an important step towards achieving the goal of selling to Europe.