The agreement will allow gas from Cyprus to be exported via Egypt

Eni, Total Energies and the ministers of Egypt and Cyprus have signed a host government agreement (HGA) for the exploration of Cyprus’ Cronos Block 6 resources. The agreement was signed in Cairo, Egypt,

Egypt and Cyprus on Monday signed deals for the reexport and commercialization of Cypriot gas, agreements that are key for Cairo in its push to become a regional energy exporter as its own output suffered declines in the past couple of years.

Cypriot President Nikos Christodoulides said the cooperation between Cyprus and Egypt is helping to define the regional energy map