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Energy · Cyprus
Cyprus natural gas from ExxonMobil to flow by 2033
2 sourcesFirst reported 21 days agoUpdated 21 days ago
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What all sources covered
- 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.
2 sources
Who reported first
ekathimerini.comFirst
Alpha News+5h
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