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Cypriot Natural Gas Sale to Egypt Set for November Finalization

by THEFUTURE.TEAM

November 3, 2025

November Agreement Marks a Strategic Turn

Cypriot natural gas from the Kronos field is slated to be sold via Egyptian infrastructure, with the agreement anticipated to be sealed in November, as confirmed by Energy Minister George Papanastasiou. The deal highlights a critical move in the region’s energy dynamics, underscoring the growing cooperation between Cyprus and Egypt.

Investment Decisiveness: Kronos Field

Speaking before the Parliament last Friday, Minister Papanastasiou indicated that the final investment decision for the development of the Kronos field is expected by year-end or in early next year. The decision will be undertaken by the consortium of ENI and Total, reflecting the strategic importance and robust investor confidence in the resource.

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Robust Commercial Framework and Infrastructure Integration

The minister elaborated on commercial agreements already in place for exploiting the Kronos field located in Block 6 of Cyprus’ Exclusive Economic Zone. This framework involves significant stakeholders, including the national authorities of Cyprus and Egypt, investors ENI and Total/Energies, and three Egyptian infrastructure owners. These recent agreements pave the way for channeling natural gas from the Kronos field through the Zohr field infrastructure for liquefaction in Egypt—a critical step for accessing global markets.

Looking Ahead: Aphrodite Field Milestones

On a related note, outlining developments for the Aphrodite field, Minister Papanastasiou noted that the final investment decision is set for the end of next year, with the Front-End Engineering Design (FEED) scheduled to conclude by the end of 2026. With a finalized development and production plan agreed upon since February 2025, ongoing seabed surveys—expected to be completed by mid-November—will determine the routing for the pipeline connecting the field to Egyptian facilities.

This series of decisions and partnerships not only cements the region’s role in the global energy supply chain but also presents a clear roadmap for enhancing infrastructure and investment in natural gas ventures.

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Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

May 26, 2026

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

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“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.