Italy's Eni is advancing plans for gas developments across the eastern Mediterranean and North Africa, as it seeks to fast-track supply into Europe through Egypt’s existing LNG infrastructure.
It also intends to make an investment decision on the Cronos field in Cyprus soon.
Eni and France’s TotalEnergies discovered the Cronos gasfield, which is estimated to hold more than 3 trillion cubic feet of gas, in 2022.
“We expect, of course, some further appraisal activity this year and next year.
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