Gas deposits off Cyprus are an opportunity for the EU, president says
Cyprus's president says natural gas deposits off the country's coast offer the European Union a chance to boost energy security by diversifying supply NICOSIA, Cyprus -- Natural gas deposits off the southern coastline of Cyprus are an opportunity for the European Union to bolster its own energy security by diversifying its supply, the island nation's president said Thursday. President Nikos Christodoulides told The Associated Press in an exclusive statement that the first of a number of natural gas fields discovered off Cyprus, dubbed Cronos, is expected to start production in the first half of 2028.
