Egypt and Cyprus on Monday signed deals for the reexport and commercialization of Cypriot gas, agreements that are key for Cairo in its push to become a regional energy exporter as its own output suffered declines in the past couple of years.

Eni, Total Energies and the ministers of Egypt and Cyprus have signed a host government agreement (HGA) for the exploration of Cyprus’ Cronos Block 6 resources. The agreement was signed in Cairo, Egypt,

Cyprus and Egypt on Monday signed two agreements concerning the exploitation of natural gas resources under the seabed in the eastern Mediterranean. The first agreement was a memorandum of understanding signed by both Cyprus and Egypt,

TotalEnergies and Eni signed an agreement to export gas offshore Cyprus via Egypt, hailing the deal as a "milestone" towards the creation of a gas hub in the eastern Mediterranean.

Egypt's President Abdel Fattah El-Sisi and his Cypriot counterpart, Nikos Christodoulides oversaw the signing of two landmark agreements on Monday for the development of Cypriot natural gas using Egypt’s energy infrastructure.

TotalEnergies (TTE) stock garnered retail attention on Tuesday after the company, alongside Italy's Eni, signed an agreement with Egypt and Cyprus to export natural gas from Cyprus through Egypt. The agreement,