Egypt, Greece and Cyprus have renewed their backing for plans to send Cypriot gas to Europe through Egyptian export facilities, with Greece offering a possible onward route into southeastern and central Europe.
The plans come as disruption to Gulf liquefied natural gas (LNG) supplies due to the ongoing Iran war and the blockade of the Strait of Hormuz continues to put pressure on European buyers to find alternatives.
Egyptian President Abdel Fattah el-Sisi, Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides met in El Alamein on Egypt’s Mediterranean coast on Tuesday.
In a joint declaration, they called for work connecting Cyprus’ offshore gas fields to Egyptian infrastructure to be completed as soon as possible.
Cronos, Cyprus’ first gas development, is expected to start producing gas in 2028, according to Eni.
