Cypriot gas is planned to utilize Egyptian infrastructure for export, providing pivotal liquefaction facilities for the European gas market.
2 reports, 2 independent
Updated Sep 4
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What happened
Cypriot gas is planned to utilize Egyptian infrastructure for export, providing pivotal liquefaction facilities for the European gas market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Seeking to connect Aphrodite gas field to Egyptian infrastructure.Sub-event
Cypriot gas utilizes Egyptian infrastructure for the European market.1 source
Keep exploring
Part of
Turkey's regional influence and Eastern Mediterranean gas disputesAlso in this story
- Shell is cooperating with the government of Cyprus on a project, leading to an agreement to sell a subsidiary for up to $720 million, while maintaining a presence in Egypt.
- Australian government and diaspora call for justice and the upholding of international law regarding island issues in Cyprus.
- Ankara claims an expansive exclusive economic zone, highlighting the critical nature of shared natural gas discoveries in the region.
The entities involved
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Cyprus
country in the Mediterranean Sea
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Egypt
country in Northeast Africa and Southwest Asia
- Dangote's withdrawal exposes investment climate issues as he considers investing in Nigerian steel production, alongside reports on various Nigerian ministerial roles and Egypt's steel industry.
- Pakistan and Egypt support diplomatic efforts aimed at resolving the US-Israeli conflict and regional instability involving Iran.
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Europe
terrestrial continent located in north-western Eurasia
Related events
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- Greece, Cyprus, and Egypt are cooperating on energy projects, including Greek terminals supplying European markets via Egypt, though deals face geopolitical hurdles regarding Libya's rights.
- The U.K. has decided to preserve its gas pipelines to maintain energy flexibility.
- Gas from the Power of Siberia 2 pipeline was intended for the European market, despite market losses caused by the 2022 Ukraine invasion.