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Gas deposits off Cyprus are an opportunity for the EU, president says
Eni’s project could commit billions of euros and send gas to Europe, with peak output expected at 500 million standard cubic feet a day.
- Cyprus President Nikos Christodoulides said offshore gas deposits could help the European Union diversify energy supplies and strengthen energy security.
- Christodoulides said the Cronos gas field is expected to begin production in the first half of 2028.
- After extraction, gas from Cronos will travel by pipeline to Egypt’s Damietta facility for liquefaction and export, mainly to Europe.
- Christodoulides described Cronos as a significant step toward Cyprus’s first natural gas production.
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18 Articles
Associated Press News+16 Reposted by 16 other sources
Gas deposits off Cyprus are an opportunity for the EU, president says
Cyprus's president says natural gas deposits off the country's coast offer the European Union a chance to boost energy security by diversifying supply.
·New York, United States
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The President of the Republic, Nikos Christodoulides, has described the natural gas fields located off the coast of Cyprus as a significant opportunity to strengthen the European Union’s energy security, stressing that they can contribute to the diversification of Europe’s energy supply sources. In an exclusive statement to the Associated Press on Thursday, the Cypriot President said that the “Kronos” field, the first of Cyprus’ natural gas fiel…
Coverage Details
Total News Sources18
Leaning Left7Leaning Right1Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 41%
C 53%
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