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Euronews

Nathan Rennolds

INSANE: Two gas fields off cyprus could start production by 2033 - The Real Truth

Cyprus Nikos Christodoulides European Union ExxonMobil Europe the Eastern Mediterranean Mediterranean QatarEnergy

Energy companies ExxonMobil and QatarEnergy signed a "declaration of marketability" with Cyprus in Nicosia on Tuesday, officially declaring two natural gas discoveries off the coast of the island nation as commercially viable.

The Glaucus and Pegasus natural gas fields are major ExxonMobil discoveries in Block 10 of Cyprus's exclusive economic zone, thought to hold more than 7 trillion cubic feet of gas.

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