Alpha News

Natural Gas in Block 10 of Cypriot EEZ Estimated at 6-9 Trillion Cubic Feet

Published January 23, 2026, 14:34

Estimates for the amount of natural gas in Block 10 of the Cypriot EEZ range from 6 to 9 trillion cubic feet, according to discussions between the President of the Republic, Nikos Christodoulides, and ExxonMobil Vice President John Ardill. The meeting took place at the Presidential Palace and concerned ExxonMobil's future plans for Blocks 5 and 10. President Christodoulides welcomed Mr. Ardill, emphasizing the importance of ExxonMobil's activity in the Cypriot EEZ as a vote of confidence. He expressed the government's willingness to discuss more blocks as well. Mr. Ardill stated that the company's activities in Cyprus, especially at the 'Pegasus' field, have been successful and expressed a desire to continue with the same momentum. ExxonMobil's goal is to commercialize and produce the natural gas as soon as possible.