Economy Politics Country 2026-03-13T19:18:27+00:00

Cyprus May Begin Natural Gas Exports

Cypriot Energy Minister Michael Damianos announced plans to start producing and exporting natural gas. This is a significant step for the country's energy security and economy.


Cyprus May Begin Natural Gas Exports

Cypriot Energy Minister Michael Damianos announced on Friday that his country may begin producing natural gas for export. He made this statement during an official press conference. According to him, this is a significant step for the region's energy security. Cyprus possesses substantial natural gas reserves in its exclusive economic zone. Previously, negotiations with potential buyers had already taken place. Now, plans are in place to ramp up production and export operations. This will open new opportunities for the country's economy and strengthen its position in the global energy market.

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