Economy · Cyprus
Glaucus and Pegasus gas fields declared commercially viable by ExxonMobil and QatarEnergy
5 sourcesFirst reported 22 days agoUpdated 21 days ago
Untold
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What all sources covered
- ExxonMobil and QatarEnergy have signed a declaration of commerciality for the Glaucus and Pegasus gas fields in Cyprus's exclusive economic zone.
- The declaration marks a significant milestone, allowing the consortium to move forward with the development program for these gas fields.
- Both fields are now considered commercially viable, transitioning from exploration to development.
- Cypriot Energy Minister Michalis Damianos emphasized the importance of this declaration for the country's energy sector.
- Production from these gas fields is anticipated to begin by 2033, according to reports.
5 sources
Who reported first
PolitisFirst
Cyprus Mail+1h
In-Cyprus+4h
ekathimerini.com+16h
Sigmalive+22h
All coverage
center
Αξιοποιήσιμα εμπορικά τα κοιτάσματα «Γλαύκος» και «Πήγασος»
Politis· 22 days ago
center
Υπ. Ενέργειας: Σημαντική η δήλωση για «Γλαύκο» & «Πήγασο» από ExxonMobil
Sigmalive· 21 days ago

center
ExxonMobil eyes 2033 production start at Cyprus gas fields
In-Cyprus· 22 days ago

right
Cyprus gas fields up for development
ekathimerini.com· 21 days ago

right
Cypriot gas fields declared ‘marketable’ by energy giants
Cyprus Mail· 22 days ago