Egypt’s Constitutional Committee authorized the Egypt-Cyprus agreement to establish a natural gas subsea pipeline on December 9, Ahram Gate reported.
The committee decided that the agreement complies with Egyptian law and the country’s constitution, and gave the go-ahead for the project to start.
The original agreement was signed between Minister of Petroleum Tarek El Molla and Cypriot Minister of Energy Yiorgos Lakkotrypis on September 19.
It will see the construction of subsea natural gas pipeline between the Cypriot Aphrodite natural gas field and Egyptian liquefaction facilities, with a capacity of 700 million standard cubic feet per year (mscf/y).
An official source told Al Mal in September that work will begin in Q1 2019, with a view to starting operations in 2022.
