5 Minute News

Agreement for the Sale of Cypriot Natural Gas to Egypt

October 31, 2025

A deal for the sale of Cypriot natural gas from the Kronos reservoir to Egypt is expected in November. Energy Minister George Papadopoulos stated that the final investment decision for Kronos will be made by the end of the year. Agreements between Cyprus and Egypt enable the exploitation of natural gas for sale in the markets. For the Aphrodite reservoir, the decision is expected by the end of 2024, with the FEED study completion in 2026. A seabed survey will be completed by mid-November, which will determine the pipeline route.