Egypt and Cyprus will soon sign an agreement to establish an undersea natural gas pipeline between Cyprus’s exclusive economic zone to an Egyptian liquefied natural gas (LNG) plant, said Cypriot Foreign Minister Nicos Christodoulides, according to Cyprus Mail.
This comes as the Cypriot minister met with Egyptian Minister of Foreign Affairs Sameh Shoukry in Egypt on April 10th to discuss bilateral relations, Egypt Oil & Gas reports.
“We believe that there is a bright future for the cooperation between Cyprus and Egypt in the field of hydrocarbons as our cooperation is based on solid foundations,” Christodoulides said.
During the meeting Shoukry noted that Egypt is looking forward to the visit of Cypriot President Nicos Anastasiades to ‘Roots Revival Week’ event, which will be held in Alexandria and Sharm El-Sheikh for the Egyptian, Cypriot and Greek communities. The event will be held during the period from April 30th to May 6th.
Following the meeting, Shoukry pointed out the importance of finalizing any measures related to the agreement between the two countries to establish the gas pipelines.