Cyprus Launches First Gas Project with Eni and TotalEnergies Backing | EN590 Commodities
EN590 Commodities GroupCrude Oil July 28, 2026
Iran Races to Fortify Its Most Vital Oil Terminal as U.S. Threats Persist What I Cover
Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Eni and TotalEnergies have taken the final investment decision to develop the Cronos gas field in deep waters offshore Cyprus, in the Mediterranean country’s first hydrocarbon development expected to bring first gas to market in 2028. The Cronos project, operated by Eni with a 50% stake, with partner TotalEnergies holding the other 50%, will bring to production the gas volumes from the Cronos field, in Block 6, which holds more than 3 trillion cubic feet (Tcf) of gas initially in place (GIIP), the European majorssaidon Tuesday. Production is ex
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.