TotalEnergies and Eni to Develop Cronos Gas Field for European LNG Supply

TotalEnergies and Eni have made the final investment decision to develop the Cronos gas field in Cyprus, which will supply Europe with LNG.

The Cronos field is located approximately 185 kilometers southwest of the Cypriot coast and will be developed through four subsea wells.

The gas will be transported by subsea pipeline from Cypriot waters to Egypt, where it will be liquefied at the Damietta LNG terminal before being exported to Europe.

TotalEnergies said that the development of Cronos will partly rely on existing facilities in Egypt, generating significant synergies for a fast-track development, which will help accelerate its start-up and reduce the carbon intensity of the field's production.

Production start-up is expected in 2028, with a plateau of around 500 million cubic feet per day (Mcf/d), equivalent to around 2.8 million tons of LNG per year (Mtpa).