Italy’s Eni sees Cyprus as pivot in developing gas in Eastern Mediterranean

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Italy’s Eni sees Cyprus as pivot in developing...
 © BusinessMail 2017
By Stelios Orphanides

Italy’s Eni, the energy giant which made the largest gas discovery in the Eastern Mediterranean off the coast of Egypt in 2015, expects that Cyprus will play a key role in the development of the region’s gas resources, an official said.

“We consider this country as a potential pivot for gas development,” Lapo Pistelli, international affairs director at ENI said at a panel discussion on Thursday in Nicosia held at the annual general meeting of the European Bank of Reconstruction and Development. He cited Cyprus’s advantages that include the island’s geographical...


Italy’s Eni sees Cyprus as pivot in developing gas in Eastern Mediterranean


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