Cyprus | Egypt Oil & Gas - Part 7

Financial Institutions to Fund Egypt-Cyprus Gas Pipeline

Four investment banks have shown interest in funding the natural gas pipeline linking Cyprus’s Aphrodite field to Egyptian liquefaction facilities, a Cypriot official involved in the country’s energy sector stat...

Egypt, Greece, Cyprus Establish East Mediterranean Gas Forum

Egyptian President Abdel Fattah El Sisi agreed with his Cypriot counterpart, Nicos Anastasiades, and Greek Prime Minister Alexis Tsipras to establish an Eastern Mediterranean gas forum to be headquartered in Cairo, Eg...

Egypt, Cyprus to Start Gas Pipeline Construction in Q1 2019

The construction of the subsea pipeline linking Cyprus’s Aphrodite natural gas field to Egypt’s liquefaction facilities will start in Q1 2019, an official source at the Ministry of Petroleum told Al Mal. The source sa...

Egypt, Cyprus Sign Pipeline Agreement in Nicosia

Egyptian petroleum minister Tarek El Molla has signed the agreement for the establishment of the subsea natural gas pipeline between Egypt and Cyrpus’s Aphrodite field with Cypriot Minister of Energy Yiorgos Lak...

Egypt, Cyprus to Sign Gas Pipeline Agreement Today

The Egyptian Ministry of Petroleum will sign the agreement for establishing the natural gas pipeline between Egypt and Cyprus on September 19, ministry spokesman Hamdy Abdel Aziz told Al Masry Al Youm. The underwater ...

Egypt, Cyprus, Greece Discuss Energy in Tripartite Meeting

The Egyptian foreign minister, Sameh Shoukry, has held talks with his Greek and Cypriot counterparts Nikos Kotzias and Nikos Christodoulidis regarding energy cooperation, Egypt Oil & Gas reports. The tripartite me...

European Company Agrees to Provide $1.5B for EuroAfrica Interconnector Project: Sources

Egypt and Cyprus have reached an agreement with an unnamed European company to provide $1.5 billion to help finance the electricity transmission project between the two countries, informed sources told Al Mal. The sou...

Cyprus to Ship Gas to Egypt in 2022

Cyprus is hoping to ship gas from its 4.5 trillion cubic feet Aphrodite offshore gas field to Egypt by 2022, Cyprus energy minister Giorgos Lakkotrypis has said, Cyprus Mail reported. “If all goes as planned, natural ...

Egypt-Cyprus Electricity Project: EuroAfrica Unveils Feasibility Study

The EuroAfrica CEO has presented a feasibility study for connecting the Egyptian and Cypriot electricity grids, electricity minister Mohamed Shaker announced on June 26, Al Mal reported. The initiative is part of the ...

Zohr Gas Production Increases to 900 mscf/d

The daily output of Egypt’s Zohr natural gas field reached 900 million standard cubic feet (mscf) after the second and third lines were linked to production, the Egyptian Minister of Petroleum, Tarek El Molla, said du...

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