Natural Gas Development in Cyprus Expected by 2028
May 19, 2026
Cyprus is progressing towards the commercialization of its energy resources in the Exclusive Economic Zone, aiming for natural gas production to begin in 2028. The Cabinet approved the development plans for the Kronos and Aphrodite fields. These developments enhance Cyprus' geopolitical position and foster collaborations with countries like Egypt, France, and Italy. Additionally, they are expected to support the local economy and create new jobs. Cyprus is transforming into an energy producer, attracting new investments.