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Significant Natural Gas Discovery Off Cyprus


Total and Eni on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus.

  • “Preliminary estimates indicate about 2.5 tcf of gas in place, with significant additional upside that will be investigated by a further exploration well in the area," Eni said in a statement
  • This is the third offshore gas find reported in waters off Cyprus. The first gas discovery in 2011, Aphrodite, is around 4.5 tcf.

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