Eni has signed an agreement with
Egypt and Cyprus for the development and export of gas from
Block 6 of Cyprus through existing infrastructure in Egypt, to
then be liquefied and exported to other European markets, the
Italian energy giant said Monday.
The agreement, explains a note from the oil and gas company,
"represents a concrete milestone for the creation of a gas hub
in the Eastern Mediterranean, leveraging existing infrastructure
in Egypt and positioning Cyprus as a producer and exporter of
gas".
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