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EASTERN MEDITERRANEAN: Cyprus is expected to become a natural gas exporter as early as 2028

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  • Francis Perrin

Abstract

Since around 2010, it has been known that the Eastern Mediterranean is a new gas province. Gas resources have indeed been discovered offshore four countries or territories: Egypt, Israel, Cyprus and Gaza. Two of them have become producers and exporters of natural gas, Egypt and Israel. Off the coast of Gaza, the Gaza Marine gas field has never been developed, and it is highly unlikely to be developed anytime soon given the very high tensions between the State of Israel and Hamas. By contrast, several gas discoveries have been made off the Republic of Cyprus, which will become the region’s third gas-exporting country.

Suggested Citation

  • Francis Perrin, 2026. "EASTERN MEDITERRANEAN: Cyprus is expected to become a natural gas exporter as early as 2028," Policy briefs on Commodities & Energy 2630, Policy Center for the New South.
    • Handle: RePEc:ocp:pbcoen:pb54_26_1
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