MEES: Cronos Gas to be Transmitted to Damietta via Zohr Line Skipping National Grid
Egypt and Cyprus have sealed a set of landmark commercial agreements, marking a decisive step toward the project’s Final Investment Decision (FID), which is expected in the next few months. The deals allow natural gas from Cyprus to be processed and exported through Egypt’s liquefied natural gas (LNG) facilities, reinforcing the latter’s role as the Eastern Mediterranean’s regional gas hub. The HTPA regulates the movement of Cronos gas through Zohr’s offshore infrastructure, using one of the two 30-inch Zohr pipelines. The natural gas will then be processed at Zohr’s onshore facilities before being transported through a new pipeline to the 5mn t/y LNG plant at Damietta, operated by Eni (50%). This route allows the gas to bypass Egypt’s national grid entirely.