— this opens new opportunities for gas extraction in Cyprus.

🇨🇾 The Italian energy company Eni believes that eliminating the consequences of the conflicts in the Middle East and in the countries of the Persian Gulf will require at least six years.

Representatives of the company reported this to the President of Cyprus, Nikos Christodoulides.

💰 For Cyprus, such a situation may become an opportunity to accelerate the development of its own gas fields and strengthen its positions on the energy market.

Eni confirmed its intention to continue projects in the exclusive economic zone of Cyprus. The company also cooperates with ExxonMobil, exchanging data on promising fields.

🔎 Against the background of prolonged instability in the region, interest in Cypriot natural gas may increase significantly.

@cyprus_kipr