Cyprus Mail: Egypt Completes Feasibility Study into Cyprus Gas Imports

Egypt has completed a feasibility study into natural gas imports from Cyprus, Egyptian media are reporting.

According to Egyptian newspaper Al-Borsa, engineering company Enppi has completed the technical and financial studies, the results of which are currently under review by EGAS, the state-owned holding company.

EGAS Chairman Khalid Abdul-Badi told Al-Borsa that the technical and financial studies include specifications and the cost of linking the Egyptian territory with the Aphrodite field in Cyprus via a maritime pipeline.

He added that the quantities to be imported amount to roughly 700 mcf/d of gas, and are expected to begin in 2018.

Read the full article HERE.