US EditionEgypt 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.
19 Articles
19 Articles
Cyprus, Egypt reach agreement on gas exports
NICOSIA, Jan. 24 (Xinhua) -- Cyprus and Egypt have reached an agreement to export natural gas from Cypriot fields in the eastern Mediterranean for liquefaction at Egyptian plants, President Nikos Christodoulides announced on Friday. Read full story
Egypt and Eni-Total consortium to sign deal on natural gas
Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will next month sign a key agreement to transport natural gas from an undersea deposit inside Cypriot waters to Egypt where it will be liquefied and processed for export, officials said Friday. Cypriot Energy Minister George Papanastasiou described the agreement as “most significant” because it allows the consortium to sort out all the technical details on how to …
Associated Press News
Egypt and Eni-Total consortium to sign deal on processing Cypriot natural gas for export
Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will next month sign a key agreement to transport natural gas from an undersea deposit inside Cypriot waters to Egypt where it will be liquefied and processed for export, officials said Friday.
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