Cypriot Energy Minister on Cronos Gas Exports: Late 2027 is 'Doable' (2026)

The Cypriot energy minister, George Papanastasiou, has revealed in an interview that while the Cronos gas exports by the end of 2027 is an ambitious goal, it is still a feasible target. This statement comes as a surprise to many, considering the initial estimate was for mid-2027. The interview also shed light on the country's plans to commercialize its gas deposits and the potential collaboration with Egypt. However, the minister was cautious about the timeline for finalizing infrastructure to meet Cyprus's own gas needs, which he estimated at around 0.6 Bcm/year. The country is also looking to become an LNG importer, with a regasification terminal in development. The interview also touched on the possibility of further gas finds and the evaluation of a pipeline proposal from Israel. While the minister acknowledged the value of alternative supply sources, he cast doubt on the viability of the pipeline proposal given Cyprus's limited gas needs. The interview ended with a thought-provoking question for the audience: 'What do you think about the potential for further gas finds and the pipeline proposal from Israel? Share your thoughts in the comments!'

Cypriot Energy Minister on Cronos Gas Exports: Late 2027 is 'Doable' (2026)
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