Egypt is set to sign two deals on 17 February in Cairo that it hopes will help it secure gas from the two offshore Cyprus gas discoveries that are closest to development: Chevron-operated 3.5tcf Aphrodite, and Eni-operated 2.5tcf Cronos.
Egypt’s Petroleum Ministry expects to sign a Host Government Agreement (HGA) with Eni and 50:50 partner TotalEnergies which envisages the export of all Cronos output as LNG from the Eni-operated Segas facility at Damietta on the country’s Mediterranean coast. (CONTINUED - 793 WORDS)
