Cyprus Natural Gas to Supply Europe by First Half of 2028, Minister Says

European consumers can expect natural gas from an undersea deposit off Cyprus to help meet their energy needs as early as March 2028, the island nation’s energy minister said.

Michael Damianos said the East Mediterranean is fast becoming an alternative energy source for European nations as Russia’s war in Ukraine and upheaval in the Middle East compel the continent to seek out new sources.

Damianos said partners TotalEnergies of France and Italy’s Eni made a final decision last month to proceed with developing the Cronos natural gas field off Cyprus’ southern coast. The project will be the first time gas from east Mediterranean deposits is supplied to European markets.

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