Final investment decision on Kronos gas field to be taken in March, Energy Minister says

Damianos said that an Israeli delegation is in Cyprus today and tomorrow for intensive negotiations The final investment decision (FID) for the management of “Kronos” gas field is expected by the end of March, with the aim of directing the first natural gas, via the “Zohr” gas field to Egypt, for processing and sale on the European market by the first half of 2028, Minister of Energy, Commerce and Industry, Michael Damianos, said Tuesday before the House Committee on Energy.