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Cyprus Pipeline Deal With Egypt Brings Gas Step Closer to Europe

  • Gas would flow from Aphrodite field to Egyptian LNG plants
  • Countries committed to mainting good conditions for project

Egypt and Cyprus signed a deal that will eventually allow natural gas found in the Aphrodite field to be sold to mainland Europe, boosting plans to turn the Eastern Mediterranean into an energy hub.

Cyprus and Egypt committed to establishing and maintaining good conditions for building a gas pipeline between the two countries, including the timely issuance of permits, Cypriot Energy Minister Georgios Lakkotrypis told reporters at a signing ceremony in Nicosia. The accord will allow further exploration in the region, Egypt’s Oil Minister Tarek El-Molla said.