TotalEnergies Stock Rises As It Approves Cyprus Cronos Gas Project with ENI, Eyes 2028 Production
TotalEnergies and Eni approve the Cronos gas project in Cyprus, targeting 2028 production and strengthening Europe’s LNG supply through Egypt’s infrastructure.
TotalEnergies and a partner company said yes to a big plan to pump natural gas from the ocean near Cyprus, and they think they can start in 2028. When a company approves a new project, it shows they believe in their future and have money to spend—which tells you how confident they feel.
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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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