TotalEnergies, Eni greenlight Cyprus Cronos gas project, targets 2028 start-up

Reuters2026/07/28 06:23

By:Reuters

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TotalEnergies, Eni reached FID to develop Cyprus’ Cronos offshore gas field in Block 6, using four subsea wells.
Gas will be piped to Egypt for liquefaction at the Damietta LNG terminal, targeting European LNG markets.
Start-up targeted in 2028; plateau output seen at 500 million cubic feet per day, about 2.8 million tonnes per year of LNG.
TotalEnergies will market 50% of LNG volumes, equivalent to 1.4 million tonnes per year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TotalEnergies, Eni greenlight Cyprus Cronos gas project, targets 2028 start-up

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