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Cyprus in talks with Gulf energy companies over natural gas licences, president says

  • Energy companies from Persian Gulf states are interested in searching for natural gas off Cyprus' southern coast, according to President Nikos Christodoulides.
  • Cyprus is in early talks for exploration licenses in 13 areas of its exclusive economic zone, involving partnerships with Eni, Total, ExxonMobil, and Chevron.
  • President Christodoulides mentioned that a development plan for an Eni-Total gas field, estimated to hold 2.5 trillion cubic feet of gas, is expected to be completed 'soon.
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