Qatar explores gas, port and Gaza aid deals with Cyprus

Qatar explores gas, port and Gaza aid deals with Cyprus

Qatar is looking at investing in ports, banking and energy in Cyprus, including expanding its ExxonMobil partnership in oil and gas exploration, the Associated Press news agency reported. Sheikh Tamim bin Hamad Al Thani, the emir of Qatar, visited the Mediterranean country this week and held talks on investment issues with Cypriot president Nikos Christodoulides. […]

Qatar’s emir on Cyprus visit

Expanding oil and gas exploration

Cyprus targetting clean energy

Qatar is looking at investing in ports, banking and energy in Cyprus, including expanding its ExxonMobil partnership in oil and gas exploration, the Associated Press news agency reported.

Sheikh Tamim bin Hamad Al Thani, the emir of Qatar, visited the Mediterranean country this week and held talks on investment issues with Cypriot president Nikos Christodoulides.

Trade between the two countries surged fivefold between 2022 and 2023 to nearly $55 million.

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George Papanastasiou, the Cypriot minister of energy, commerce and industry, said QatarEnergy has a 40 percent share in the oil and gas exploration Blocks 5 and 10 off the coast of Cyprus, in partnership with ExxonMobil.

He said it could help Cyprus develop its clean energy sector, especially solar power.

“Further cooperation could be explored for the Great