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Egypt and Cyprus Sign Natural Gas Cooperation Agreement

Egypt and Cyprus signed a deal to negotiate gas sales from offshore fields. The agreement aims to bolster the Eastern Mediterranean as a strategic energy hub.

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Egypt and Cyprus have officially signed a framework agreement to strengthen their cooperation in the natural gas sector during the Egypt 2026 Energy Show in Cairo. This non-binding memorandum establishes a foundation for the two nations to negotiate future deals regarding the development and exploitation of Cypriot offshore energy reserves.

Egyptian President Abdel Fattah el-Sisi and Cypriot President Nikos Christodoulides participate in a high-level summit in Sharm el-Sheikh to discuss regional energy security and diplomatic relations. Egyptian Presidency/Handout via REUTERS/File Photo
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