Fresh hopes for Cypriot gas [Gas in Transition]
Fresh hopes for Cypriot gas [Gas in Transition]
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Natural Gas News
Fresh hopes for Cypriot gas [Gas in Transition]
Summary
Following good test results at an appraisal well, Eni and TotalEnergies may look to fast-track the Cronos gas discovery, likely delivering the supply to Egypt's Zohr field. by: NGW
It was over a decade ago when the first natural gas was discovered off the coast of Cyprus, but development has been stymied by difficulties finding a suitable route to market. However, recent positive test results at a discovery not far from Egypt’s Zohr field could mean Cyprus can finally monetise on its offshore resources, with the government expressing hope that first gas could be achieved as early as 2026. There was encouraging news this month from Italy’s Eni, which reported “excellent” test results from an appraisal well at its August 2022 Cronos gas d...