All News Cyprus Mail · March 16, 2026 · 1 min read Ustel lambasts Cyprus as ‘the spoilt child of Europe’ Read on Cyprus Mail Share: Latest Coverage Eni Eyes Venezuela Natural Gas Exports as Perla Pact Opens LNG Path Eni is strategically positioning itself to transform its Venezuelan gas holdings from domestic supply assets into a global LNG export hub. This move follows a significant shift in the Venezuelan regulatory landscape, allowing foreign majors to monetize offshore reserves that were previously restricted to the local market. By leveraging the massive Perla field, Eni aims to enhance its global gas portfolio while providing Europe with a potential new source of non-Russian energy. Natural Gas Intelligence · March 16, 2026 Eni discovers more than 1 Tcf of natural gas offshore Libya Eni's discovery of over 1 Tcf of natural gas offshore Libya represents a significant milestone for North African energy production and European supply security. This find, located in the Bouri Gas Projects area, reinforces Libya's role as a strategic partner for Italy and the wider EU as they seek to diversify away from Russian energy. The discovery highlights the effectiveness of Eni's exploration strategy in mature basins and its ability to operate successfully despite Libya's complex political landscape. Seeking Alpha Energy · March 16, 2026 Heavy rain a welcome boost to water reserves Cyprus Mail · March 16, 2026 Cyprus on the Eastern Mediterranean energy and geopolitical chessboard In-Cyprus · March 16, 2026 Shell expects LNG demand to rise up to 780 mtpa by 2050 LNG Prime · March 16, 2026 Government ‘needs to limit costs of oil’, says expert Ellinas Cyprus Mail · March 16, 2026 View all news →