Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Energy Minister Michael Damianos on Tuesday described the consortium’s final investment decision to develop the Kronos natural gas field in Block 6 of Cyprus’ exclusive economic zone (EEZ) as a “historic milestone” for Cyprus, saying it marks the country’s entry into the commercial exploitation of its offshore gas reserves.
Damianos congratulated Eni and TotalEnergies on reaching the decision....
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