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Cyprus And Egypt Forge New Frontiers In Energy Collaboration

by THEFUTURE.TEAM

January 27, 2025

The agreements slated for signing on February 17th represent a pivotal step for Cyprus, marking some of the most significant energy partnerships in the nation’s history. Minister of Energy, Trade, and Commerce George Papanastasiou, alongside Egypt’s Petroleum Minister Karim Badawi and Chevron’s Vice President for International Exploration and Production, Frank Cassulo, underscored this during their tour of Old Nicosia.

Papanastasiou emphasized the importance of these agreements, particularly for the development of Cyprus’ natural gas fields. “These agreements focus on the exploitation of the Kronos field, and we’re also finalizing a Memorandum of Understanding for the Aphrodite field,” he explained. The MoU, he added, lays the groundwork for a host-country agreement, setting the stage for future collaboration.

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Badawi echoed the significance of the upcoming signing, describing it as a milestone that could “unlock Cyprus’ potential for the benefit of all.” He highlighted Egypt’s infrastructure as a key factor in realizing the shared vision, noting that cooperation between the two nations is a strategic fit given their complementary strengths—Cyprus’ natural wealth and Egypt’s well-established energy infrastructure.

The Egyptian Minister also pointed to the strong relationship between the two countries’ leaders, President Christodoulides and President Sisi. This rapport, he said, has laid the foundation for accelerating energy cooperation. “The invitation for President Christodoulides to join us in Egypt for the signing is an honor. It reflects our shared commitment to advancing these critical agreements,” Badawi remarked.

Papanastasiou underlined that the collaboration goes beyond business. “Human connections strengthen our partnerships,” he noted, adding that the agreements signal the start of broader bilateral and regional efforts to enhance energy connectivity.

Both ministers stressed that the Kronos and Aphrodite projects are just the beginning. Badawi called the timing “fantastic,” citing alignment not only in resources but also in ambition. “When the stars align, you seize the moment,” he said, describing the partnership as a model for how nations can work together to unlock regional energy potential.

Looking ahead, the agreements are poised to pave the way for more discoveries and deeper collaboration, solidifying Cyprus and Egypt as key players in the Mediterranean energy landscape.

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Only 1% Of Cyprus Farms Use Precision Farming Technologies

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

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Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.