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Egypt, Greece and Cyprus agree plan to export Cypriot gas via Egypt

Leaders meeting in El Alamein on 9 September 2026 urged fast completion of links to Egyptian infrastructure so Cypriot gas can be liquefied and shipped to Europe.

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Egypt, Greece and Cyprus agree plan to export Cypriot gas via Egypt

Egypt, Greece and Cyprus have endorsed a joint plan to export Cypriot natural gas to European markets using Egypt’s liquefaction and shipping capacity, while exploring Greek transit routes to reach Southeast and Central Europe. The three leaders signed a joint declaration after meeting on 9 September 2026 in El Alamein.

How the supply chain would work

The declaration calls for an accelerated programme to connect Cypriot offshore gas fields to Egyptian infrastructure. Production from the Cypriot Kronos field, being developed by Eni’s Cypriot unit together with TotalEnergies, is expected to begin in 2028. Gas would be sent by subsea pipeline to Egypt for processing, liquefaction into LNG and shipment to international buyers.

Energy firm McDermott announced it has won an engineering and installation contract from Eni’s Cypriot subsidiary valued between $500 million and $750 million for works related to the Kronos project.

Greece could act as an additional route for deliveries to Europe through its LNG terminals at Revythousa and Alexandroupolis. From those points, the gas could be forwarded to Southeast and Central Europe via the so-called "Vertical Corridor."

The trilateral cooperation extends beyond hydrocarbons. Egypt and Greece are evaluating construction of a submarine electricity cable called "GREG" (GREGY), intended to carry renewable power produced in Egypt to Greece and onward to other European markets.

In their joint text the three leaders reaffirmed support for the project and stressed that maritime boundary agreements must comply with international law.

Photo: press material from the event

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