Cyprus Times

Clause Amended for 20% Cypriot Gas Supply to Egypt

Published January 8, 2026, 11:12
Clause Amended for 20% Cypriot Gas Supply to Egypt

The clause regarding the channeling of 20% of the natural gas production from the 'Kronos' deposit to Egypt is being amended, according to government sources. This amendment will facilitate the transfer of Cypriot natural gas to Egypt. The development was announced following a meeting between the President of the Republic and the Egyptian Minister of Petroleum, Karim Badawi. Sources expressed optimism about resolving issues related to Block 12 and starting production from the 'Aphrodite' deposit. The agreement for the exploitation of the 'Kronos' deposits was signed in February 2025.