TotalEnergies and Eni Launch Cronos Project to Bring Cyprus Gas to European Markets

TotalEnergies and Eni have reached the final investment decision to develop the Cronos project, which will bring the first Cypriot gas to market in 2028.

The project is operated by Eni and aims to produce over 500 million cubic feet of gas per day from the Cronos field in Block 6, which holds more than 3 trillion cubic feet of gas initially in place.

The produced gas will be transported and processed at existing Zohr facilities in Egypt before being liquefied at the Damietta LNG plant for export to international markets, primarily Europe.