TotalEnergies approves development of the Cronos gas field to supply Europe with LNG

Located in deep offshore waters approximately 185 km southwest of the coast of Cyprus, Cronos will be developed through four subsea wells. The gas will be transported by subsea pipeline from Cypriot waters to Egypt, where it will be liquefied at the Damietta LNG terminal before being exported to Europe.

The development of Cronos will partly rely on existing facilities in Egypt, generating significant synergies for a fast-track development, which will help accelerate its start-up and reduce the carbon intensity of the field's production.

Production start-up is expected in 2028, with a plateau of around 500 million ft³/d, equivalent to around 2.8 million tpy of LNG, 50% of which will be marketed by TotalEnergies.

A gas development connected to LNG markets

Following the signature, in February 2025, of a Host Government Agreement, the main commercial and contractual agreements required for the development of the project have been signed. These agreements define the terms for the use of the offshore facilities of the Zohr field, the transit of gas through Egypt, liquefaction at Damietta LNG, and the sale of the gas as LNG.

The project could also enable, in the future, the development of additional resources located in Block 6, which will be appraised during upcoming campaigns.

“We are pleased to launch this new project alongside Eni, with the support of the Cypriot and Egyptian governments. As Cyprus' first gas development project, Cronos will support the development of a new regional gas hub in the Eastern Mediterranean, leveraging Egypt's infrastructure. This new gas route in the Mediterranean will contribute to Europe's energy security by diversifying its LNG supply sources” said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies. “By relying on existing gas processing capacities, this project is aligned with our strategy of prioritising low-cost and low-emission projects. Cronos will also contribute to the growth of TotalEnergies' LNG portfolio which is expected to reach 60 million tpy by 2030.”

TotalEnergies is also present in Cyprus in offshore Blocks 11 (50%, operator), 7 (50%, operator) and 8 (40%).

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/30072026/totalenergies-approves-development-of-the-cronos-gas-field-to-supply-europe-with-lng/