Information on Natural Gas Deposits in the Cypriot Exclusive Economic Zone
September 26, 2025
The amount of natural gas in the 'Pigasos' and 'Glafkos' deposits may reach 8 to 9 trillion cubic feet, according to information from ExxonMobil. The President of the Republic expressed satisfaction with the cooperation after meeting with ExxonMobil's Vice President in New York. The government aims for the swift extraction of natural resources to lower energy costs for Cypriot consumers. Specific actions by the company for resource utilization are forthcoming. The presence of major companies boosts confidence in the Cypriot Exclusive Economic Zone.