![Debunking myths about gas to Europe](https://cyprus-mail.com/wp-content/uploads/2025/02/comment-ellinas-The-LNG-plant-at-Damietta-Egypt.jpg)
As the development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get louder, totally oblivious to whether Europe needs such gas, and, of course, how oil and gas companies make investment decisions and where the most likely markets for our gas are.
Apart from Qatar Energy, no other gas companies invest billions of dollars on major projects speculatively. They take ‘final investment