Cypriot LNG makes its way to Egypt

Cypriot LNG makes its way to Egypt

Editorial Staff
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The two nations have signed a bilateral gas trade agreement for 2020-2022

Cyprus and Egypt have signed a bilateral agreement for the supply of LNG by means of a submarine pipeline. Egypt’s minister of petroleum and mineral resources, Tarek El-Molla, stated, "This is part of the development of eastern Mediterranean gas as a whole, and I think our strategy optimally is to position ourselves as an energy hub in the region."
The project, through which Cyprus will supply Egypt with natural gas, had previously involved passing through Turkey, but it has been reported that the attempted coup in that country convinced the Cypriots to alter the pipeline’s route. The country’s energy minister, Yiorgos Lakkotrypis, announced that the first LNG supplies will be delivered sometime between 2020 and 2022.