Economy category powered by

President to hold teleconference with ExxonMobil this afternoon

14:27 - 07 July 2025

Economy

A teleconference between President Nikos Christodoulides and representatives of ExxonMobil is scheduled to take place this afternoon, with official announcements expected to follow regarding the "Pegasus" project, Government Spokesperson Konstantinos Letymbiotis confirmed.

Responding to a journalist’s question during statements at the Presidential Palace, Letymbiotis stated: “Today at 17:00, the President of the Republic will hold a teleconference with ExxonMobil.”

He added, “We should await this teleconference with due respect, allow the President to be briefed, and then announcements will be made accordingly”.

Further details about the "Pegasus" project are anticipated after the meeting.

News Feed

Read More

Announcement on 'Pegasus 1' gas discovery, “an optimistic message”, Energy Minister says
Vehicle registrations down 1.1% in H1, saloon cars drop 3%
Beer exports drop by 24% in June, small uptick in local market
Finance Minister backs Digital Euro and stresses financial stability at Ecofin meeting
US delays higher tariffs but announces new rates for some nations
Highest midday power demand of the year anticipated to have been this week, official data show
Christodoulides: New natural gas discovery in EEZ reaffirms Cyprus’ energy potential
CSR Cyprus elects new Board of Directors
Shipping Deputy Minister Marina Hadjimanolis on official visit to London
Thirteen bounced cheques totaling €28,296 registered in June