Utilization of Natural Gas Reserves in the Cypriot Exclusive Economic Zone
November 9, 2026
According to the Minister of Energy, the natural gas reserves in the Cypriot Exclusive Economic Zone are estimated at 20 trillion cubic feet. Production from the 'Saturn' reservoir is expected to start in 2028, paving the way for the utilization of these resources. Collaboration with Egypt will help reduce costs and expedite the distribution of natural gas. However, challenges in the electric power sector due to the isolation of Cyprus's system have been highlighted. The Minister emphasized the need for modernization and energy storage solutions.