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Saturday, August 1, 2026 9:6 GMT
A consortium comprising Italy’s Eni and France’s TotalEnergies has taken the Final Investment Decision (FID) to develop the Cypriot “Cronos” gas field and connect it to Egyptian infrastructure, according to Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi. During a meeting with Prime Minister Mostafa Madbouly in New Alamein City to review sector developments, Badawi stated that gas produced from the Cypriot field will be transported to Egypt for processing through existing...More