Energy, Oil & Gas

Egypt, Cyprus sign framework agreement for cooperation on natural gas

CAIRO
Egypt, Cyprus sign framework agreement for cooperation on natural gas
Image by FredFroese/ iStock

Egypt and Cyprus signed a framework agreement on natural gas cooperation, witnessed by President Abdel Fattah El Sisi and his Cypriot counterpart Nikos Christodoulides.

The deal was inked by Minister of Petroleum and Mineral Resources Karim Badawi and Cypriot Minister of Energy, Trade and Industry Michael Damianos on the sidelines of the 9th edition of the Egypt Energy Show (EGYPES 2026), which is held from March 30 to April 1, at Al-Manara International Conference Center in New Cairo.

The Cypriot president lauded the partnership between the two countries in the energy field, expressing appreciation for signing such a new agreement with Egypt amid the current challenges facing the region. 

President Christodoulides added energy represents a central pillar of the long-standing partnership between Egypt and the European Union.

Presidential spokesman Mohamed El-Shennawy said a documentary was presented showing areas of joint cooperation between Egypt and Cyprus, followed by the signing ceremony of the framework agreement for cooperation on natural gas between the two countries.

Following the signing ceremony, the two leaders inaugurated the EGYPS 2026, where they inspected the pavilions of Egypt’s Petroleum Ministry, Apache Corporation, Cyprus’s Energy Ministry, and Dragon Oil, according to the spokesman.

The spokesman added that President Sisi held bilateral talks earlier with President Christodoulides ahead of the show, which focused on strong ties between the two countries, particularly growing cooperation in the energy sector.

During the talks, President Sisi said Egypt looks forward to upgrading relations with Cyprus to the level of “strategic partnership”, especially in light of the deep ties and close coordination in regional and international forums.

For his part, President Christodoulides thanked President Sisi for his continued commitment to strengthening cooperation with Cyprus across all fields, stressing his country’s pride in what he described as a pivotal relationship with Egypt. -OGN/TradeArabia News Service