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Final investment on Cyprus gas project could come next year, says TotalEnergies CEO
11:06 - 02 May 2025
A final investment decision on TotalEnergies' new Cyprus gas project could come in 2026 with deliveries expected in 2028 or 2029, CEO Patrick Pouyanne has told analysts.
The French oil major is developing Block 6 at the Cronos gas field in a 50-50 joint venture with Italy's ENI, which will operate the project.
Also read: ENI highlights Cyprus-Egypt agreement in its results for Q1, 2025
(Source: Reuters)
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Final investment on Cyprus gas project could come next year, says TotalEnergies CEO