Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
Minister of Energy, Trade and Industry, Natasa Pilides announced Monday a new discovery of natural gas in the Cyprus’ Exclusive Economic Zone, after the completion of the drilling at the Cronos-1 well of Block 6.
A new €50 million package to support the society and businesses from electricity price increases for both residential, commercial and industrial users,
Cyprus stands ready to contribute towards the EU’s efforts to secure gas, to be delivered to European markets, said Wednesday Minister of Energy, Commerce and Industry Natasa Pilides at the 7th East Mediterranean Gas Forum (EMGF) Ministerial Meeting, held in Cairo.