Cyprus gas from Kronos field to be shipped to Egypt by 2028

The final investment decision on management of the Kronos gas field will be taken at the end of March, with the aim of sending the first natural gas to Egypt in the first half of 2028 for processing and directing to the European market, Energy Minister Michael Damianos told the House energy committee on Tuesday.

Meanwhile, an Israeli delegation is in Cyprus on Tuesday and Wednesday for intensive negotiations to close the deal on the Isai natural gas deposit within the next two months.