Nicosia: Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy George Papanastasiou, where they discussed cooperation to develop Cypriot gas fields. Held during his visit to the Cypriot capital Nicosia, the talks focused on the latest developments related to Cronos, operated by Eni, and Aphrodite, operated by Chevron, and other fields, which will be tied back to Egypt’s infrastructure.

According to State Information Service Egypt, Badawi explained that the cooperation between Egypt and Cyprus represents a successful model of regional partnership in the field of natural gas, as Egypt has a distinguished infrastructure that includes gas liquefaction stations and transportation networks. The meeting prioritized expediting project implementation. This aimed to facilitate gas transportation to Egypt for liquefaction, export, or domestic use, optimizing value.

Discussions also encompassed the legal and technical foundations for commencing Cronos field development this year. Furthermore, the meeting explored developing other regions to establish an energy corridor linking the Eastern Mediterranean to Europe via Egypt. The Egyptian delegation included Moataz Atef, Undersecretary for the Minister’s Office, the Technical Office, and the Ministry’s spokesperson, as well as Yasseen Mohamed, Chief Executive Officer of the Egyptian Natural Gas Holding Company (EGAS).