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TotalEnergies, Eni Approve Cronos Gas Field Development, Targeting Plateau Production Of 500 Mcf/D By 2028

Jul 28, 2026 · 03:46 AM ET· updated 2h ago

Cronos is Cyprus’ first gas developmentCronos gas will reach Europe through existing LNG infrastructure in EgyptPlateau production will reach 500 Mcf/d, equivalent to around 2.8 Mtpa of LNGProduction start-up is

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Why It Matters

Two big energy companies approved a plan to pump natural gas from under the ocean near Cyprus and send it to Europe by 2028. This shows they believe people will need this fuel, so it hints the companies are confident about their future business.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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