{"id":632911,"date":"2018-02-22T04:17:07","date_gmt":"2018-02-22T04:17:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/"},"modified":"2018-02-22T04:17:07","modified_gmt":"2018-02-22T04:17:07","slug":"cyprus-nearing-natural-gas-agreement-with-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/","title":{"rendered":"Cyprus nearing natural gas agreement with Egypt"},"content":{"rendered":"

<\/a> Cyprus is nearing an agreement to sell natural gas to Egypt,<\/strong> Bloomberg reports<\/a>. This would follow the agreement with Israel and would include supplies from the Aphrodite field. \u201cCyprus is close to selling natural gas to Egypt\u2019s liquefied natural gas plants, and we could reach an agreement in the coming weeks,\u201d Energy Minister Georgios Lakkotrypis said. \u201cThis is basically the moment when, finally, all the talk about turning Egypt into a regional gas hub is finally coming true<\/strong>,\u201d Riccardo Fabiani, senior Mideast analyst for Eurasia Group, said. Wood Mackenzie analyst Stephen Fullerton agrees, saying \u201cthere\u2019s currently a lot of exploration going on in Cypriot waters, and it is likely more gas will be discovered \u2026 Any further discoveries will be looking for an export route, with Egypt a potential option.\u201d Reuters also has the story<\/a>.<\/p>\n

Credit where due: The agreement with Cyprus is a testament to good diplomacy<\/strong>, as successive governments under the Sisi administration have made relations with our northern neighbor a priority.<\/p>\n

\u2026A USD 15 bn import agreement with Israel announced earlier in the week will help transform Egypt into a regional energy hub, <\/strong>President El Sisi said yesterday, according to Bloomberg<\/a>. \u201cWe have scored a goal \u2026 I\u2019ve been dreaming about it for four years, that we become a regional hub for energy,\u201d he said. Probably with an eye on Cyprus, El Sisi also said \u201call the gas coming from around the region will come to us \u2026 It\u2019s either re-exported to other countries or we use it locally.\u201d The Associated Press<\/a> also covered El Sisi\u2019s comments, as did Ahram Online<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cyprus is nearing an agreement to sell natural gas to Egypt, Bloomberg reports. This would follow the agreement with Israel and would include supplies from the Aphrodite field. \u201cCyprus is close to selling natural gas to Egypt\u2019s liquefied natural gas plants, and we could reach an agreement in the coming weeks,\u201d Energy Minister Georgios Lakkotrypis […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632911","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5b5d5970-5c95-4951-8d63-97b1948c4b11","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[632905],"teaser":"","voice_url":""},"yoast_head":"\nCyprus nearing natural gas agreement with Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cyprus nearing natural gas agreement with Egypt\" \/>\n<meta property=\"og:description\" content=\"Cyprus is nearing an agreement to sell natural gas to Egypt, Bloomberg reports. This would follow the agreement with Israel and would include supplies from the Aphrodite field. \u201cCyprus is close to selling natural gas to Egypt\u2019s liquefied natural gas plants, and we could reach an agreement in the coming weeks,\u201d Energy Minister Georgios Lakkotrypis […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-22T04:17:07+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cyprus nearing natural gas agreement with Egypt\",\"datePublished\":\"2018-02-22T04:17:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\"},\"wordCount\":272,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\",\"name\":\"Cyprus nearing natural gas agreement with Egypt - 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The agreement will be inked sometime in the fall, CyBC said, citing diplomatic sources. \u201cThe\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624867,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/20\/egypt-cyprus-sign-agreement-on-usd-1-bn-gas-pipeline\/","url_meta":{"origin":632911,"position":1},"title":"Egypt, Cyprus sign agreement on USD 1 bn gas pipeline","author":"enterpriseam admin","date":"20 September 2018","format":false,"excerpt":"**#7 Egypt, Cyprus sign agreement on USD 1 bn gas pipeline: Oil Minister Tarek El Molla signed an agreement yesterday with Cypriot Energy Minister Yiorgos Lakkotrypis that will see the two countries collaborate to establish a direct underwater pipeline connecting Cyprus\u2019 Aphrodite natural gas field to liquefaction plants in Egypt,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631001,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/us-increases-its-mediterranean-naval-presence-as-exxonmobil-begins-cyprus-gas-exploration\/","url_meta":{"origin":632911,"position":2},"title":"US increases its Mediterranean naval presence as ExxonMobil begins Cyprus gas exploration","author":"enterpriseam admin","date":"7 March 2018","format":false,"excerpt":"Meanwhile, the East Mediterranean looks to be heating up, as the world reacts to Turkey\u2019s bullying. The US has upped its naval presence in the Mediterranean as ExxonMobil dispatched drilling ships to Cyprus\u2019 Exclusive Economic Zone (EEZ), Sputnik reports. ExxonMobil is operating on a contract with Cyprus and Qatar Petroleum\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632976,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/","url_meta":{"origin":632911,"position":3},"title":"Egypt might sign export agreement for East Med gas to Europe as early as mid-2018","author":"enterpriseam admin","date":"25 February 2018","format":false,"excerpt":"Egypt might sign an export agreement to ship East Med gas to Europe as early as mid-2018: Egypt will sign a memorandum of understanding with the EU to export gas from the East Mediterranean through its liquefaction plants before mid-2018, said Oil Minister Tarek El Molla at the International Petroleum\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621278,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/turkey-can-join-in-on-eastmed-gas-after-cyprus-reunification\/","url_meta":{"origin":632911,"position":4},"title":"Turkey can join in on EastMed gas after Cyprus reunification","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"When energy politics become geopolitics with a capital \u201cG\u201d: Cyprus President Nicos Anastasiades said his country will back Turkey\u2019s inclusion in energy cooperation agreements to exploit the East Mediterranean gas reserves if Turkey accepts the reunification of the island, the AP reports. \u201cWe continue to upgrade our energy cooperation with\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/550.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660651,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/16\/egypt-to-sign-agreement-to-liquefy-cypriot-gas-in-local-facilities-tomorrow\/","url_meta":{"origin":632911,"position":5},"title":"Egypt to sign agreement to liquefy Cypriot gas in local facilities tomorrow","author":"enterpriseam admin","date":"16 February 2025","format":false,"excerpt":"The Cypriot president said he will sign a natural gas commercialization agreement in Cairo tomorrow","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1470.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632911"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632911\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632905"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632911"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632911"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}