Framework Agreement for Natural Gas Development Between Cyprus and Egypt
March 30, 2026
Cyprus and Egypt signed a framework agreement in Cairo for the development of natural gas reserves in Cyprus's EEZ. The Energy Ministers of both countries were present during the signing, highlighting their strategic relationship. The agreement aims to commercially exploit Cyprus's natural resources and meet Egypt's energy needs. It is non-binding and serves as a basis for further cooperation and negotiations. The leaders reaffirmed their commitment to timely and efficient utilization of the reserves.