US EditionPublished • loading... • Updated
Europe could get Cypriot natural gas by 2027, president says
Cyprus aims to export natural gas from the Cronos field via Egyptian facilities to Europe by late 2027, leveraging existing infrastructure to diversify energy sources.
- Wednesday, President Nikos Christodoulides said Cronos gas from the deposit operated by Eni and TotalEnergies could reach European markets via liquefaction in Damietta by 2027.
- Linking to Egyptian infrastructure near the Zor deposit about 80 kilometers away allows Cronos to reach markets fastest, while plans for the nearby Aphrodite deposit include a floating plant producing 'dry gas', Cypriot Energy Minister George Papanastasiou said.
- Processed Cronos gas will reach a facility near Port Said, where it may be used domestically or liquefied, with a consortium made up of Italian company Eni and French firm TotalEnergies involved.
- Unratified maritime agreements with Lebanon have constrained exploration as President Nikos Christodoulides will travel next week to discuss energy plans amid interest from energy giants to license more blocks.
- Some of an estimated 20 trillion cubic feet could reach Europe, Christodoulides said, with Glaucus holding about 4.5 trillion cubic feet and energy giants showing interest in more licenses.
Insights by Ground AI
20 Articles
20 Articles
Europe could get Cypriot natural gas by 2027, president says
NICOSIA, Cyprus (AP) — Some of the estimated 20 trillion cubic feet of natural gas discovered in waters off Cyprus could reach European markets as soon as 2027, the Cypriot president said Wednesday, as Europe looks for more ways to wean itself off Ru
·Prince George, Canada
Read Full Article
Europe could get Cypriot natural gas by 2027, president says
President Nikos Christodoulides said the first quantity of natural gas that could be exported abroad will come from the so-called Cronos deposit, which is operated by a consortium made up of Italian company Eni and French firm TotalEnergies.
·Los Angeles, United States
Read Full Article
Europe Could Get Cypriot Natural Gas by 2027, President Says
·New York, United States
Read Full Article
According to him, Cyprus is part of the energy solutions for energy security in the Eastern Mediterranean.
Coverage Details
Total News Sources20
Leaning Left6Leaning Right1Center3Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 30%
Factuality
To view factuality data please Upgrade to Premium
