Cyprus: gas falls victim to unity failure
The collapse of UN-brokered talks in Switzerland to reunify the island is a setback for Cypriot offshore gas ambitions
The final days of what was likely the last effort on the part of the UN to bring the Greek and Turkish Cypriot communities back together coincided with a heatwave on the island. Temperatures ventured towards 50° Celsius. By night as well as day, the mechanical throb of air-conditioning units was the ambient sound across the island. Cyprus's ambition is that one day soon the power needed to keep the island cool will come from generating stations fuelled by its own offshore natural gas, rather than expensive imported fuel oil. That day now seems a long way off. The Aphrodite field in Block 12, with 4.5 trillion cubic feet of reserves, was discovered in 2011, but still awaits development. The p
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






