Parliament committee approves gas pipeline construction between Egypt, Cyprus - News Summed Up

Parliament committee approves gas pipeline construction between Egypt, Cyprus


The Energy and Environment Committee of the House of Representatives on Sunday approved a presidential decree on an agreement between Egypt and Cyprus to build a direct natural gas pipeline, which was signed in Nicosia on September 19, 2018. The agreement aims to facilitate the export of natural gas from Cyprus to Egypt through the establishment and operation of a direct sea pipeline from the exclusive economic zone of Cyprus, to natural gas liquefaction plants in Edku or Damietta in Egypt. Head of the committee Talat al-Sewedy said that the agreement is very important as Cyprus is a gate for Egypt to export gas to EU countries. Egypt and Cyprus signed the agreement in September 2018 for the construction of a direct sea pipeline to transfer natural gas from the Aphrodite field in Cyprus to gas liquefaction facilities in Egypt for its re-export to various markets. Egypt, Greece, and Cyprus also agreed in October 2018 to establish an East Mediterranean Gas Forum.


Source: Egypt Independent January 27, 2019 11:48 UTC



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