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Egypt and Eni-Total consortium to sign deal on processing Cypriot natural gas for export

  • Egypt and a consortium of Total and Eni will sign a deal to transport natural gas from Cyprus to Egypt for export, as stated by officials.
  • The agreement will be signed at Egypt's energy summit on February 17-19, according to Egyptian Oil Minister Kadim Badawi.
  • Cyprus aims to shift from crude oil to natural gas for cleaner energy, with ongoing negotiations with Chevron about the Aphrodite deposit.
  • The Egyptian official noted the collaborative spirit in negotiations to utilize Egypt's infrastructure and Cyprus's natural gas potential.
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