Cabinet moves bring Cyprus gas one step closer to market
Decisions taken by cabinet on Tuesday set in motion the process for taking the first Cypriot natural gas to market, Energy Minister Michael Damianos said on Tuesday.
“With steady steps ...
‘Goal is to sell first Cyprus gas in 2028’
Cabinet on Tuesday approved the development and production plan for the Kronos gas field, which is located in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ), with President Nikos Christodoulides stressing ...
Cronos: first gas by 2028, says minister
Negotiations on Cronos are in their final stages with first gas expected by mid 2028, Energy Minister Michalis Damianou said on Wednesday.
Speaking after chairing a meeting under Cyprus’ presidency of ...
Cyprus, Egypt upgrade ties with strategic partnership declaration
Cyprus and Egypt have signed a joint declaration on a strategic partnership, marking a significant political upgrade in relations between the two countries on the sidelines of the Informal EU ...
Pegasus’ gas find declared commercially viable, minister says
Energy Minister Michalis Damianos on Friday confirmed the commercial viability of the ‘Pegasus’ deposit in block 10, a newly discovered offshore gas field.
Speaking at a press conference, Damianos said a ...
Cyprus, Egypt sign ‘framework agreement’ for natural gas development
The governments of Cyprus and Egypt on Monday signed a “framework agreement” for the commercial development of natural gas, on the sidelines of the Egypt Energy Show in Cairo.
Energy ...
Cyprus and Egypt sign framework agreement on natural gas
Energy security was positioned as a matter of national and regional importance by President Nikos Christodoulides, addressing the Egypt energy exhibition (EGYPES) in Cairo on Monday.
He described the current ...
Christodoulides meets Eni chief with Kronos decision pending
President Nikos Christodoulides met the chief executive officer of Italian energy giant Eni, Claudio Descalzi, in Rome on Friday, with the company’s final investment decision pending regarding planned extraction ...
Cyprus gas from Kronos field to be shipped to Egypt by 2028
The final investment decision on management of the Kronos gas field will be taken at the end of March, with the aim of sending the first natural gas to Egypt ...
Investment decision on Kronos gas field as early as this year, minister says
The next couple of months will see crucial developments regarding the future commercialisation of the Kronos offshore gas field, the energy minister said on Thursday.
George Papanastasiou said important talks ...
First Cypriot natural gas extraction in 2027, Papanastasiou says
Cypriot natural gas will be extracted from under the sea for the first time in 2027, Energy Minister George Papanastasiou said on Monday.
Speaking to Politis radio, he said he expects ...
First natural gas extraction from Kronos expected in 2027 – Energy minister
Cyprus’ first natural gas extraction will most likely be from the Kronos reservoir in block 6, which may be in 2027, Energy Minister George Papanastasiou said in an interview to Kathimerini published ...