Cyprus Mail30 Jul 2026

Cyprus Business Now: wages, natural gas, easyJet, shipping, AI, economic outlook

The final investment decision to develop the Kronos natural gas field in block 6 of Cyprus’ exclusive economic zone offers an opportunity to exploit the area’s remaining gas reserves for the island’s domestic needs, according to energy expert Charles Ellinas.

Speaking to the Cyprus News Agency (CNA), Ellinas described the final investment decision by the Eni and TotalEnergies consortium as an important milestone that could pave the way for wider development of Cyprus’ offshore gas resources....

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