Cyprus plans gas supply to Europe
Cyprus’s energy minister said the Cronos natural gas field could begin supplying Europe by the first half of 2028, with a possible start as early as March. The project is being developed by TotalEnergies and Eni and is seen as part of Europe’s push to find new energy sources amid the war in Ukraine and instability in the Middle East.
The gas is expected to move through existing infrastructure in Egypt. A pipeline from Cronos to Egypt’s Zohr field is due to begin later this year and may take up to 18 months to complete. After that, the gas will be processed at the Damietta facility on Egypt’s northern coast, liquefied, and shipped to European markets.
Key Events
- Cyprus's energy minister said gas from the Cronos field could reach Europe as early as March 2028.
- TotalEnergies and Eni made a final decision last month to develop the Cronos field off Cyprus' southern coast.
- The project will be the first time gas from east Mediterranean deposits is supplied to European markets.
- A pipeline from Cronos to Egypt's Zohr gas infrastructure is scheduled to start later this year and may take up to 18 months to complete.
- After processing in Egypt, the gas will be liquefied at the Damietta facility and shipped to Europe.