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Tag: Cyprus
cyprus_egypt_ga

Cyprus-Egypt gas pipeline to cost between $800m and $1bn

Posted: May 7, 2018 at 11:38 pm   /   Oil & Gas

A planned pipeline connecting Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian Petroleum Minister Tarek El Molla said on Monday. Egypt has rapidly increased its production of natural gas and hopes to become a hub for exporting to Europe after making a series […]

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East Med

East Mediterranean: How much natural gas are we talking about?

Posted: May 3, 2018 at 1:20 pm   /   Oil & Gas

Quite ceremoniously, and two years after the discovery of the Zohr gas field, the Italian ENI has announced that in 2019, it will put into operation the second gas production plant. “Our recent success strengthens the excellent course of development of the Zohr field, which establishes Egypt’s attempt to stop LNG imports in 2018,” the […]

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Tarek-El-Molla-IGU

Charles Ellinas: Egypt preparing for a gas-rich future

Posted: April 30, 2018 at 3:34 pm   /   Oil & Gas

Egypt is determined to drive and manage its rapidly expanding energy sector and ensure that the new liberalised industry and systems are run on international standards, Egypt’s Petroleum Minister Tarek El Molla has said. Speaking at the International Gas Union (IGU) Workshop in Cairo on April 19, El Molla said his department would put Egypt […]

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Cyprus

Egypt, Cyprus to sign Aphrodite gas field pipeline deal

Posted: April 30, 2018 at 3:08 pm   /   Oil & Gas

Egypt aims to sign an agreement with Cyprus to connect the island’s Aphrodite gas field with Egypt, Egypt’s oil minister said on Sunday. Tarek El Molla, speaking at an American Chamber of Commerce in Egypt event in Cairo, also said the country was preparing a bid round for unexplored offshore areas west of the Nile […]

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Egypt, Cyprus preparing ground for natural gas pipeline

Posted: April 11, 2018 at 7:43 pm   /   Oil & Gas

Cyprus and Egypt will be ready in the near future to sign an agreement on a direct undersea natural gas pipeline from Cyprus’ exclusive economic zone to a liquefied natural gas plant in Egypt, Foreign Minister Nicos Christodoulides said. The minister, visiting Cairo on Tuesday, said: “We believe that there is a bright future for […]

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East Mediterranean natural gas discoveries redefine LNG playing field

Posted: April 3, 2018 at 2:16 pm   /   Oil & Gas

By Mike Corkhill The Eastern Mediterranean is fast becoming a gas hub, with numerous LNG projects, plentiful recent gas finds and likely further discoveries. Newly discovered offshore gas deposits in the exclusive economic zones (EEZs) of Egypt, Israel and Cyprus, coming on top of similar major finds in recent years, are poised to alter the […]

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Egypt: The Next Natural Gas Hotspot

Posted: March 26, 2018 at 2:54 pm   /   Oil & Gas

By Nick Cunningham of Oilprice.com. The Eastern Mediterranean is becoming a major source of natural gas production, and Egypt is at the center of this emerging gas hub. In February, Noble Energy and its partners reached an agreement with the Egyptian company Dolphinus Holdings to sell gas from offshore Israel to Egypt, a deal that […]

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Egypt, Cyprus to link Aphrodite gas field with Idku, Damietta LNG plants

Posted: March 25, 2018 at 7:10 pm   /   Oil & Gas

Egyptian and Cypriot officials have succeeded in setting the terms of the gas pipelines construction deal, while the European Union (EU) is expected to confirm its preliminary approval within a few weeks. Cyprus’ Energy Minister Yiorgos Lakkotrypis said: “Turkey’s provocations” will not abstain Cyprus from maintaining its gas exploration, according to Associated Press (AP). Talks […]

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EMGC '18: Eni sees rapid development of East Med natural gas with Zohr

Posted: March 23, 2018 at 5:15 pm   /   Oil & Gas

Opening Day 1 of Gulf Publishing Company’s fifth annual Eastern Mediterranean Gas Conference (EMGC) on March 21 was Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism for the Republic of Cyprus. The Minister welcomed attendees and shared perspectives on energy development in Cyprus and throughout the region. Lakkotrypis’ talk was followed by a keynote […]

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Agreement signed to link Egypt, Cyprus, Greece via subsea power cable

Posted: March 11, 2018 at 9:08 pm   /   Oil & Gas

Cyprus and Egypt have agreed on the route of a 1,707-kilometre sub-sea power cable that will link the grids of the two countries to that of Greece, EuroAfrica Interconnector, the company behind the project said. The cable, named after the company, “will connect the electricity grids of Egypt, Cyprus, and Greece with Europe has entered […]

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