ExxonMobil has made discoveries of natural gas off the coast of Cyprus. The company anticipates that these undersea deposits could begin producing natural gas by 2033. This development could contribute to Cyprus becoming a key energy hub in the eastern Mediterranean region.

ExxonMobil, the largest US oil company, is working with a consortium partner on this project. Further information about ExxonMobil's plans and the potential impact of this discovery can be found through KPRC 2 and Click2Houston, which reported on the senior executive's statement about the expected timeline for natural gas production.