Tuesday, May 16, 2023

Minister: 2 major gas companies keen on Israel-Cyprus plan for pipeline, gas processing facility - THE ASSOCIATED PRESS

May 16, 2023
MENELAOS HADJICOSTIS

NICOSIA, Cyprus (AP) — Two major international oil and gas companies have so far expressed interest in Israeli-Cypriot plans to build a pipeline that would convey offshore natural gas from both countries to Cyprus where it would be liquefied for export by ship, a Cypriot official said Tuesday.

Energy Minister Giorgos Papanastasiou told The Associated Press in an interview that the plan will be pitched on May 29 to energy companies involved in hydrocarbon exploration off Cyprus’ southern coast and other firms involved in pipeline and gas processing plant manufacture.