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Tag: Cyprus
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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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Strategic growth opportunities to be discussed at upcoming Eastern Mediterranean Gas Conference

Posted: March 11, 2018 at 7:55 pm   /   Oil & Gas

Strategic opportunities for growth and expansion to be discussed at upcoming Eastern Mediterranean Gas Conference (EMGC). Gulf Publishing Company is pleased to announce that the Eastern Mediterranean Gas Conference (EMGC) will return to the Hilton Cyprus, in Nicosia, Cyprus, on March 21—22, 2018. The conference program is sponsored by Eni, Deloitte, and CyGas and hosted […]

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Cyprus-Egypt gas pipeline deal to be signed by mid-year – El Molla

Posted: February 24, 2018 at 3:48 pm   /   Oil & Gas

Minister of Petroleum Tarek El Molla declared that before mid-2018, there will be a signing of an agreement with the European Union (EU) to build a Cyprus-to-Egypt gas pipeline, saying that the EU will be the main beneficiary of the energy produced. During his participation in the ‘International Petroleum Week’ conference in London, the minister […]

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