Eni Approves Cyprus’ Inaugural Hydrocarbon Initiative
Daily Monitor
July 29, 2026
Eni Approves Cyprus’ Inaugural Hydrocarbon Initiative
Eni has officially greenlit the Cronos field project in Cyprus, marking the country’s first venture into hydrocarbon production.
The Cronos field is anticipated to commence production in 2028, with a projected output of up to 500 million cubic feet of gas per day. This gas will undergo processing into liquefied form in Egypt, primarily targeting export markets in Europe.
For journalistic integrity, this report was summarized from: rigzone.com
