Energy · Cyprus

Cyprus natural gas from ExxonMobil to flow by 2033

2 sourcesFirst reported 21 days agoUpdated 21 days ago

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ExxonMobil's gas fields 'Glaucos' and 'Pegasus' have been declared commercially viable.
The agreement was signed between the Cypriot government, ExxonMobil, and QatarEnergy.
Gas flow is expected to begin by 2033, marking a significant milestone for Cyprus's energy strategy.
The development aims to establish the Eastern Mediterranean as a reliable energy corridor for Europe.
A government focus is also directed towards other exploration sites amid current challenges.

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AI summary: catch up in 20 seconds

ExxonMobil's gas fields 'Glaucos' and 'Pegasus' have been declared commercially viable.
The agreement was signed between the Cypriot government, ExxonMobil, and QatarEnergy.
Gas flow is expected to begin by 2033, marking a significant milestone for Cyprus's energy strategy.
The development aims to establish the Eastern Mediterranean as a reliable energy corridor for Europe.
A government focus is also directed towards other exploration sites amid current challenges.

Generated by AI from the 2 sources below · always verify with the originals