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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 Cyprus’s first gas field, and the Cronos gas field is expected to supply LNG export volumes via Egypt starting in 2028.

[News Brief] Apr 22, morning | Eni and TotalEnergies approve development of Cyprus’s first gas field

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 fully commercializing its offshore gas resources.