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Cyprus signs $1.8bn deal to develop first gas field, with exports to Europe via Egypt

Cyprus signs $1.8bn deal to develop first gas field, with exports to Europe via Egypt

26.10.2026 17:11 | Euronews Business

The deal is a key step towards harnessing Cyprus' natural gas reserves and bolstering energy cooperation in the Eastern Mediterranean, with exports to Europe via Egypt and production due to start in 2028.

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