Cyprus Mail: Huge Gas Find Scuppers Cyprus’ Plans to Sell Gas to Egypt

Cyprus’ plans to sell its offshore gas to the Egyptians are most likely dead in the water, following the announcement of a 30 trillion cubic feet (tcf) gas find off the coast of Egypt.

Although the government tried to put on a brave face about ENI’s massive discovery – the spokesman saying they are ‘evaluating the situation’ – the reality is that for Cyprus the Egypt option is off the cards.

Read the full article HERE.