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[News Brief] Apr 22, morning | Eni and TotalEnergies Approve Development of Cyprus’s First Gas Field

Eni and TotalEnergies have approved the development of the Cronos gas field, which will export LNG via Egypt starting in 2028. This marks the first commercial development of an offshore gas resource in Cyprus.

[News Brief] Apr 22, morning | Eni and TotalEnergies Approve Development of Cyprus’s First Gas Field

Eni and TotalEnergies have approved the development of Cyprus’s first gas field.

The Cronos gas field is expected to supply volumes for liquefied natural gas (LNG) exports via Egypt starting in 2028.

This project marks the first case of Cyprus commercially developing its offshore gas resources.