Gas Discoveries

Cyprus has emerged as a significant natural gas province in the Eastern Mediterranean, with major discoveries since 2011 holding an estimated 15-20 trillion cubic feet of recoverable reserves.

7
Discoveries
15.1-20.5
tcf Total Reserves
2011
First Discovery
2025
Latest Discovery

Updated July 2026 · Sources: MECI, CHC, operator announcements

Geological cross-section illustration of a Cyprus offshore gas field sealed beneath a salt layer

Reserves Comparison

7-9 (with Glaucus)
2.9-3.7
7-9 (with Pegasus)
3.1 GIIP
2-3
~1
Low estimate High estimate
Showing 7 of 7 discoveries
Name Status Block Operator Reserves Year
Pegasus Development Block 10 ExxonMobil 7-9 (with Glaucus) 2025 View →
Aphrodite Development Block 12 Chevron 2.9-3.7 2011 View →
Glaucus Development Block 10 ExxonMobil 7-9 (with Pegasus) 2019 View →
Cronos Development Block 6 Eni 3.1 GIIP 2022 View →
Zeus Discovered Block 6 Eni 2-3 2022 View →
Calypso Discovered Block 6 Eni ~1 2018 View →
Onesiphoros West Discovered Block 11 TotalEnergies 0.5-1 2017 View →