Interest of Energy Giants in Cyprus's EEZ
November 15, 2024
President Nikos Christodoulides revealed the interest of energy giants from Gulf countries in participating in Cyprus's Exclusive Economic Zone (EEZ), describing it as a vote of confidence for the region's prospects. He highlighted ongoing efforts to utilize the 'Aphrodite' gas field, with developments expected in January. He also mentioned participation in the Cyprus-Crete electricity interconnection and discussions with other countries. Lastly, he noted the progress on the natural gas import terminal project in Vasiliko, aiming for completion by 2025.