Cyprus has made gas discoveries but, as with Israel, regional politics have stymied development plans. Turkey is the largest regional gas importer, but sales here would require a solution to the island’s 44-year division. Piping gas to Egypt may be more realistic, both for 2011’s Aphrodite discovery and for Eni’s promising early 2018 Calypso find.
|Debt to GDP||95.5||%|
17 Apr, 2020
2020 was set to be a key year for Cyprus drilling including key appraisal wells at Exxon’s Glaucus and Eni’s Calypso discoveries. None now look likely.
8 May, 2020
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