Egypt offers to waive domestic gas share to fast-track Cyprus Kronos field exports

The Egyptian government has extended a diplomatic and economic concession to Cyprus, offering to waive its right to a portion of natural gas from the “Kronos” field to accelerate the project’s commercial exploitation. According to sources, Egyptian Minister of Petroleum, Karim Badawi, informed the Cypriot government during meetings in Nicosia on Wednesday that Cairo is … Continue reading Egypt offers to waive domestic gas share to fast-track Cyprus Kronos field exports