TotalEnergies and ENI Sign an Agreement with Cyprus and Egypt for the Export of Cyprus Block 6 Gas Through Egypt
02.18.2025 By Tank Terminals - NEWS

February 18, 2025 [Total Energies]- In the presence of President of Egypt Abdel Fattah El-Sisi and President of Cyprus Nikos Christodoulidis, TotalEnergies and ENI, partners in Cyprus offshore Block 6 (TotalEnergies 50%, ENI 50% operator), have signed today a Host Government Agreement (HGA) with the Arab Republic of Egypt and the Republic of Cyprus related to the development of Block 6 gas resources.

 

Signed during the Egypt Energy Show (EGYPES) with the Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt, Karim Badawi, and the Minister of Energy, Commerce and Industry of the Republic of Cyprus, George Papanastasiou, this agreement is a key milestone towards the development of the Cronos gas field. Located in Cyprus Block 6, Cronos field was discovered in 2022 and successfully appraised in February 2024.

The agreement provides a framework allowing the Cronos gas to be processed in the existing Zohr facilities offshore Egypt and then liquefied in the Damietta LNG plant in Egypt, for export to European markets.

Following the signature of this agreement, the Block 6 partners will now proceed with the Cronos Development and Production Plan, in close collaboration with Cyprus authorities.

“TotalEnergies is very pleased to be part of the opening of an export route through Egypt for Cyprus gas. This Host Government Agreement represents a major step in valorizing the Cyprus gas through available LNG capacities in Egypt, contributing to Europe energy security by bringing additional LNG volumes” said Julien Pouget, Senior Vice President Middle East & North Africa, Exploration & Production at TotalEnergies.

In Cyprus, TotalEnergies also has interests in Block 11 (50%, operator), Block 7 (50%, operator), and Block 8 (40%

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Oil and Gas Supply Chain Strategy: Why Energy Flows Are Now Strategic Infrastructure
07.06.2026 - NEWS
30 Jun 2026 [ Logisticsviewpoints ]- Oil and gas is commonly described in terms of commodities, ... Read More
Oil Markets Face a Billion-Barrel Restocking Problem After Hormuz Closure
07.06.2026 - NEWS
30 Jun 2026 [ StoneX Media ]- A deficit of roughly one billion barrels in global oil inventories... Read More
Why a Supply Crunch From Iran Could Send Oil Back Below $40 a Barrel
07.06.2026 - NEWS
Jun 30, 2026 [ Oilprice ]- There have recently been many warnings about near-term oil shortages ... Read More
Us Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump
07.03.2026 - NEWS
July 03, 2026 [Reuters]- U.S. oil companies are set to report their strongest quarterly profits i... Read More