Dossier
NewMed
Coverage of NewMed in the Nexus archive.
- Cypriot natural gas could start flowing from ExxonMobil's discoveries by 2033
ExxonMobil and QatarEnergy plan to start natural gas production by 2033 from two undersea deposits in Cyprus' exclusive economic zone, with gas likely transported via pipeline to Egypt for liquefaction. The deposits, Glaucus and Pegasus, hold an estimated 7 trillion cubic feet of gas, and the companies aim to expand exploration in the region.