East Mediterranean
Cyprus
Cyprus is strategically located at the heart of the East Mediterranean. Four undeveloped gas discoveries in the country's offshore could prove to be a game-changer not only for Cyprus but for the region if major IOCs eventually decide to proceed with development.
State of Play
The presence of oil majors Chevron, TotalEnergies, Shell, ExxonMobil and Eni and five to-date gas discoveries have yet to yield any gas production for Cyprus. The country's plans to import LNG via a custom converted FSRU have suffered constant delays.
Gas Field Discoveries To Date
| NAME/OPERATOR | SIZE | DATE |
| Aphrodite/Chevron | 3.2tcf | 2011 |
| Calypso/Eni | 1-2tcf | 2018 |
| Glaucus/Exxon | 3tcf | 2019 |
| Cronos/Eni | 2.5tcf | 2022 |
Oil & Gas
1 May, 2026
Featured
Cyprus Gas: More Cronos Delays & Changes At Aphrodite?
Talks between Cyprus and the Cronos gas field developers have yet to achieve a breakthrough ahead of a deadline later this month.
Cyprus Key Blocks & Gas Discoveries
NEWS IN BRIEF
Cyprus Approves Cronos Development Plan
22 May, 2026
Exxon, QatarEnergy Sign Egypt Mou For Cyprus Gas
22 May, 2026
Cyprus President, Eni Ceo Talk Cronos In Rome
27 Feb, 2026
Cyprus Minister Confirms March Cronos Fid Plan
20 Feb, 2026
Cyprus Appoints New Energy Minister
19 Dec, 2025
Cyprus LNG Import Project Decisions Loom
28 Nov, 2025
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