UCF Global Perspectives

=

Tag Archives: Greece

Cyprus and Egypt Sign Gas Pipeline Deal

Posted on

On August 31, Cypriot Energy Minister Yiorgos Lakkotrypis and Egypt’s Petroleum Minister Tarek el-Molla signed a deal for the transfer of natural gas to Egypt via a submarine pipeline (Reuters, AP). Noble, a U.S. energy company, discovered a large deposit of natural gas off Cyprus in 2011 (Forbes). This agreement will lead to closing commercial […]