The Independent emphasizes the necessity of financial support for their journalism, aiming to cover pivotal issues such as reproductive rights, climate change, and corporate political influences. They highlight their commitment to accessible journalism, avoiding paywalls to reach a broader audience. Moreover, they report on a significant agreement between Egypt and a consortium led by Total and Eni, which will enable the transport of natural gas from Cyprus to Egypt for liquefaction and export, revealing the strategic importance of the Cronos gas deposit in regional energy discussions.
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Cypriot Energy Minister George Papanastasiou described the agreement as most significant because it allows the consortium to sort out all the technical details on how to get the gas from the Cronos gas deposit to Egyptian processing plants.
The Eni-Total consortium, which holds exploratory licenses for seven of 13 areas or blocks inside Cyprus' offshore economic zone, will make a final decision on how it will extract and convey the gas before the summer this year.
A recent assessment indicates that Cronos is estimated to hold more than the Aphrodite deposit, which is estimated to contain 4.2 trillion cubic feet of gas.
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