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Cyprus Approves Kronos Gas Field Strategy In Groundbreaking Energy Transition

Strategic National Energy Initiative

The Cabinet of Cyprus has officially endorsed the development and production plan for the Kronos gas field, located in Block 6 of the nation’s Exclusive Economic Zone (EEZ). President Nikos Christodoulides emphasized that this decisive move, 15 years after the country’s first EEZ discovery in 2011, represents a pivotal moment in Cyprus’s natural gas exploitation journey.

Pathway To European Markets

Alongside the approval of the development plan, the Cabinet is also expected to approve agreements governing the sale of Cypriot natural gas. Authorities are targeting 2028 for the country’s first natural gas exports to Europe through Egypt, with the government positioning the project as part of broader efforts to strengthen regional energy cooperation and energy security.

Global Partnerships And Collaborative Ventures

Further announcements are expected in cooperation with major international energy companies involved in Cyprus’ offshore sector. Among them is ExxonMobil, which together with QatarEnergy holds drilling rights in Blocks 5 and 10. The partnerships are expected to support the next phase of offshore energy development.

Infrastructure Development And Investment Decisions

The approval of the development and production plan coincides with a pending final investment decision by the consortium comprising TotalEnergies and Eni for Block 6. In the interim, Energy Minister Michael Damianos announced the establishment of a joint technical committee tasked with negotiating the commercial and technical parameters for natural gas sales to Egypt. This strategic committee aims to ensure that Cyprus leverages its geographic proximity to Egypt’s Zohr gas field, thus enabling the use of existing infrastructure to transport the natural gas to the Segas liquefied natural gas (LNG) terminal in Damietta.

Pipeline And Future Prospects

Seabed pipeline routing surveys, which began in June last year, form part of broader preparations to connect Cyprus’ offshore gas resources with regional export infrastructure. The developments follow a framework agreement involving Cyprus, Egypt and companies including Chevron, NewMed Energy and Shell for the commercialisation of the Aphrodite gas field.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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