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Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
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Cyprus Egypt Israel Gas FLNG Eni TotalEnergies Chevron
Peter Ramsay
23 August 2022
Follow @PetroleumEcon
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Eni and TotalEnergies strike more gas in Cyprus

The European producers celebrate further success in Block 6 but the East Med export conundrum remains unsolved

Italy’s Eni is hailing a “significant” gas discovery from its Cronos well in Cyprus’ Block 6. Its preliminary estimates are c.2.5tn ft³ (70.75bn m³) of gas in place, but it anticipates “significant additional upside that will be investigated by a further exploration well in the area”. Block 6 is also the location of Eni’s 2018 3-5tn ft³ Calypso discovery, for which there is no development plan. And the same goes for ExxonMobil’s 5-8tn ft³ Glaucus find in Block 10 in 2019. Operator Chevron is promising to present a development concept for the 4.5tn ft³ Aphrodite field in Block 12—delivering its gas “to Egypt and to European markets”—to Cyprus’ energy ministry by year-end. It was discovered in

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