Cyprus's Strategy for Natural Gas Production by 2028
March 13, 2026
Cyprus plans to start natural gas production for export by 2028, according to Energy Minister Michalis Damianou. He emphasized the importance of utilizing Eastern Mediterranean gas reserves due to tensions in the Middle East. Cypriot gas will be exported to Europe via Egypt, which may assist the EU in diversifying its energy sources. Turmoil in the Gulf has raised concerns about energy transportation, particularly through the Strait of Hormuz, critical for global oil trade. The minister encourages efforts to utilize Cyprus's energy resources.