Cyprus Poised to Become New Natural Gas Supplier to Europe by 2028
Cyprus is set to become a new natural gas supplier to Europe by the first half of 2028, according to the island nation's energy minister. This development is part of the EU's broader strategy to diversify energy sources amid geopolitical…
Houston, TX, August 9, 2026 —
Cyprus is on track to emerge as a new natural gas supplier for Europe in the first half of 2028, a move that aligns with the European Union’s objectives to diversify its energy resources amidst ongoing geopolitical uncertainties.
The announcement was made by the island nation’s energy minister. This initiative will see gas from the Cronos gas field, a project jointly developed by energy giants TotalEnergies and Eni, being the first to reach European markets from the Eastern Mediterranean region.
Under the proposed plan, natural gas extracted from the Cronos field will be transported through a pipeline to Egypt. There, it will undergo a liquefaction process before being shipped to various European destinations.
The economic feasibility of this project is bolstered by the presence of established infrastructure in Egypt capable of handling the liquefaction and export of natural gas. This existing capability is a key factor in making the supply chain from Cyprus to Europe a viable option.
This development is part of a wider strategy by the EU to reduce its reliance on single energy sources and to enhance energy security across the continent.
Story summarized from the original created by AP on apnews.com, see more information here.
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