The repeated emphasis on energy diversification in Cyprus by U.S. President Joe Biden and the White House should not be seen as coincidental. It signals significant upcoming developments in energy matters, affecting both the electrical interconnection and natural gas in the Cypriot Exclusive Economic Zone (EEZ). Cyprus' stance on the Ukrainian conflict and particularly in the Middle East, along with its strong relations with Egypt and Jordan, have prompted American involvement in security and energy issues—areas seen as interlinked by the U.S. to ensure regional stability.

Specifically, the U.S. believes that stability and security in the region can be achieved through improved energy independence for countries near conflict zones. This is an opportunity that Cyprus has leveraged to its benefit, as developments are now expected in areas that have remained stagnant for years.

The recent remarks from President Biden and the White House are not merely theoretical. Early signs of progress have already begun to emerge. A notable example is Chevron's change of stance regarding the revised plan for the "Aphrodite" field, which now aligns more closely with the preferences of the Cypriot government.

According to Brief, U.S. authorities have exerted pressure on their energy giants operating in the Cypriot EEZ. Both Chevron in the "Aphrodite" field and Exxon in the "Glaucus" field are expected to accelerate their natural gas extraction processes in the Cypriot EEZ.

Meanwhile, developments are also anticipated concerning the Great Sea Interconnector. As is well known, the U.S. supports the electrical interconnection between Israel, Cyprus, and Greece. Discussions at the White House have revealed genuine American interest in investing in this project.