Egyptian Minister of Petroleum and Mineral Resources Karim Badawi met with Julien Pouget, President for the Middle East and North Africa, Exploration and Production at France-based energy company TotalEnergies, to discuss accelerating the connection of Cyprus’ Cronos gas field to Egyptian infrastructure and expanding cooperation on Mediterranean gas exploration and production, as per a statement.

Minister of Petroleum and Mineral Resources Karim Badawi met with ExxonMobil executives to discuss the initial steps for implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy.

Eni has reached the Final Investment Decision (FID) to develop the Cronos gas field offshore Cyprus, targeting to bring the first Cypriot gas to market in 2028

Prime Minister Mostafa Madbouly has inspected petroleum facilities of Rashid Petroleum Company (Rashpetco) and the Idku Plant, highlighting the importance of Egypt's liquefied natural gas (LNG) infrastructure

Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) between the Ministry of Petroleum and Mineral Resources, ExxonMobil, and Qatar Energy

Cypriot President Nikos Christodoulides has approved the development and production plan for the Cronos gas field, paving the way for the first shipment of natural gas to Europe via Egypt by 2028.