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Cyprus & East Med gas,
tracked to first gas

The independent record of Eastern Mediterranean gas: every block, field, well and operator — plus the decisions that move them — verified against government filings and operator disclosures.

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Latest News

AI-analyzed from 15+ verified sources

Cyprus Mail·1d ago·1 min read

Tacoy: Plans for gas pipeline from Turkey have ‘enthused international community’

A Turkish Cypriot official recently claimed significant international interest in a proposed natural gas pipeline connecting Turkey with the northern part of Cyprus. This statement, made by the 'energ

1d ago

Christodoulides calls for ‘development’ of Cyprus’ natural gas ‘as soon as possible’

2d ago

Cyprus, Greece and Egypt to strengthen protection of East Med energy infrastructure

3d ago

MPs examine Cyprus’s defence and energy alliances

5d ago

History doesn’t stand still, and neither can Europe, Italian Ambassador says

Sep 17

LNG Prices Could Jump Further as Hormuz Supply Crunch Persists

Sep 17

Alberta Plans New Royalty Incentives to Spur Oil Production

2026

Decision Year

Block 10 (Glaucus–Pegasus) declared commercial in June, and Egypt signed on to buy all of Aphrodite's output in April. Final investment decisions on Aphrodite and Cronos remain the year's key milestones.

Block 10 commercial ✓ Egypt offtake signed ✓ Aphrodite & Cronos FIDs pending
Development outlook
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Every figure traces to ministry filings, operator disclosures or the EU Official Journal — each carrying a verification date.

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Analysis is AI-assisted and reviewed by Yuri Kan, who is accountable for what appears here.

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Frequently Asked Questions

Key facts about Cyprus offshore gas exploration and development.

How much natural gas has been discovered in Cyprus?

Cyprus has estimated natural gas reserves of roughly 17–18 trillion cubic feet (tcf) across 6 offshore discoveries in its Exclusive Economic Zone (EEZ), according to the government's post-Pegasus figure (September 2025). The largest resource is the combined Glaucus–Pegasus complex in Block 10 (~7–9 tcf, declared commercial in June 2026), followed by Aphrodite (~2.9–3.7 tcf contingent resources, Block 12) and Cronos (3.1 tcf gas-in-place, Block 6).

Who are the main operators in Cyprus EEZ?

Four major international oil companies (IOCs) operate exploration licenses in Cyprus: ExxonMobil (Blocks 5, 10), ENI (Blocks 6, 8), TotalEnergies (Block 7) and Chevron (Block 12). Shell, QatarEnergy and NewMed Energy hold non-operating partnership stakes. Blocks 2, 3 and 9 were relinquished in January 2025 when the Eni–KOGAS exploration term expired.

When will Cyprus start exporting natural gas?

Cronos (Block 6) is furthest along: its development plan was approved in May 2026 for export via Egypt's Damietta LNG plant at ~5 bcm/yr, with FID imminent and first gas targeted for 2028. Aphrodite's FID is targeted for late 2026–2027 after Egypt initialed a 15-year deal for its entire output via a new pipeline to Port Said — first gas around 2030–31. Block 10 (Glaucus and Pegasus) was declared commercial on 30 June 2026, with FID anticipated around 2029 and production around 2033.

How many exploration blocks are in Cyprus EEZ?

The Cyprus Exclusive Economic Zone is divided into 13 exploration blocks covering approximately 51,000 km² of offshore territory south of the island. As of mid-2026, 7 blocks are licensed to international operators (Blocks 5, 6, 7, 8, 10, 11, 12) after Blocks 2, 3 and 9 were relinquished in January 2025.

What is the Aphrodite gas field?

Aphrodite is Cyprus' first major offshore gas discovery, found in Block 12 in 2011 by Noble Energy (now Chevron). The February 2026 NSAI report puts contingent resources at ~2.9 tcf for the sanctioned first phase (~3.7 tcf total). It is operated by Chevron in partnership with Shell and NewMed Energy. In April 2026 Egypt initialed a 15-year term sheet for the field's entire output, making Aphrodite central to Cyprus' gas export strategy.

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