HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — France’s TotalEnergies and Italy’s ENI, partners in Cyprus offshore Block 6, signed a Host Government Agreement (HGA) with the Arab Republic of Egypt and the Republic of Cyprus related to development of Block 6 gas resources.
The agreement is a key milestone towards the development of the Cronos gas field, TotalEnergies said on 17 Feb. 2025 in an official statement.
Located in Block 6 (TotalEnergies 50%, ENI 50% operator), the Cronos field was discovered in 2022 and successfully appraised in Feb. 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.
“This [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, TotalEnergies senior vice president Middle East & North Africa, exploration & production.
In Cyprus, TotalEnergies also has interests in Block 11 (50%, operator), Block 7 (50%, operator), and Block 8 (40%).
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
