DP World Limassol, the port management company of Limassol port, is positioning itself as the ideal service centre for the region’s burgeoning oil and gas operations, according to CEO Simon Pitout.
In a recently published piece of analysis, Pitout highlighted Cyprus’ strategic location at the crossroads of Europe, Africa, and the Middle East, making it poised to become a vital energy hub.
Pitout emphasised Cyprus’ significant natural gas discoveries, estimated at 12-15 trillion cubic feet in its Exclusive Economic Zone (EEZ), along with the nation’s plans to strengthen energy collaborations with Greece, Israel, and Egypt, as key factors underpinning the island’s potential in the energy sector,
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