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

The Hydrogen Stream: HyIron Starts Green Hydrogen Production in Namibia
03.25.2025 - NEWS
March 25, 2025 [PV Magazine]- HyIron said it has produced the first green hydrogen molecules at ... Read More
UK's Ithaca Energy to Acquire Japex's North Sea Business for $193 Million
03.25.2025 - NEWS
March 25, 2025 [Reuters]- Ithaca Energy said on Tuesday it would acquire Japan Petroleum Explorat... Read More
Aramco Acquires Half of Blue Hydrogen Industrial Gases Company
03.25.2025 - NEWS
March 25, 2025 [Rigzone]- Saudi Arabian Oil Co. (Aramco) said Monday it had completed the purchas... Read More
US Jet Fuel Imports Surge as Nigeria's Dangote Refinery Pushes Barrels West
03.25.2025 - NEWS
March 25, 2025 [Reuters]- U.S. jet fuel imports are set to hit a two-year high in March after Nig... Read More