The deepening strategic relationship between Egypt and Cyprus is undergoing a significant economic transformation, positioning the two nations as key energy and trade partners in the Eastern Mediterranean. This exclusive interview with Polly Ioannou, Ambassador of Cyprus to Cairo, sheds light on the rapid acceleration of bilateral ties and the promising areas of future cooperation.

Karm, also known as KarmSolar, has expanded into the Cypriot energy market with the launch of KarmCyprus, its first international expansion.

Egypt and Cyprus have signed a set of commercial and operational agreements for the transmission of natural gas from Cyprus’ Cronos field to Egyptian infrastructure.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi and Cyprus’s Minister of Energy, Commerce, and Industry Giorgos Papanastasiou inaugurated the Eastern Mediterranean Energy Conference and Exhibition (EMC 2025)

Cypriot natural gas from the Cronos field is expected to be connected to Egypt’s infrastructure and processing and liquefaction facilities by 2027, Minister of Petroleum and Mineral Resources Karim Badaw said.

Egypt plans to reinforce cooperation with Cyprus to diversify gas supplies and activate the regional gas trading center strategy, Spokesman for the Presidency Mohamed El-Shennawy announced.

Minister of Petroleum and Mineral Resources Karim Badawi and President of Integrated Gas at Shell Plc Cederic Cremers discussed regional integration plans to develop Cyprus's Aphrodite gas field.

Egypt and Cyprus signed two agreements to begin developing Cypriot natural gas discoveries, using Egyptian infrastructure.

Egypt plans to sign an agreement with Cyprus in March to lease a floating gasification unit for the summer.

Egypt, Cyprus, and Chevron signed a memorandum of understanding (MoU) on February 17th, marking a major step forward for the Aphrodite gas project.

Egypt and Cyprus will sign a memorandum of understanding (MoU) on Monday, February 17th, outlining terms for marketing natural gas from the Aphrodite offshore field.

Egypt is expected to receive 1.4 billion cubic feet of Cypriot natural gas per day starting in 2027, with shipments arriving via the Aphrodite and Kronos gas fields.

Egypt and a consortium of French TotalEnergies and Italy’s Eni will sign a key agreement in February.

Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, witnessed the signing of a cooperation protocol between the Egyptian, Greek, and Cypriot Chambers Federation to establish a joint business council between the three countries.

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy, Commerce, and Industry Giorgos Papanastasiou to discuss ways to enhance cooperation in the natural gas sector between Egypt and Cyprus.

Cyprus is prepared to export natural gas to European markets by using Egyptian infrastructure, including sub-sea pipelines and liquefaction plants.

Egypt and Cyprus have probed fostering cooperation and boosting investments in the field of renewables.

The Egyptian government, in collaboration with the Cypriot government, is looking to establish a 90-kilometer-long underwater pipeline connecting the Cypriot Aphrodite offshore gas field to the offshore production facilities of Egypt’s Zohr gas field.

Minister of Petroleum and Mineral Resources Tarek El-Molla held a session of discussions with his Cypriot counterpart George Papanastasiou to probe enhancing cooperation under the umbrella of the Eastern Mediterranean Gas Forum amid the growing natural gas discoveries in Cyprus.

The volume of trade exchange between Egypt and Cyprus rose 21.8% year on year (YoY) in the first nine months of 2023 to $79 million, compared to $64.8 million.