European consumers can expect natural gas from an undersea deposit off Cyprus to help meet their energy needs as early as March 2028, the island nation’s energy minister said. Mr. Damianos said partners TotalEnergies of France and Italy’s Eni made a final decision last month to proceed with developing the Cronos natural gas field off Cyprus’ southern coast. Cronos is one of six natural gas deposits discovered so far inside Cyprus’ Exclusive Economic Zone off its southern coastline. “It’s a very important project for Europe because it connects Cyprus which is isolated to the European grid. And the idea is to then proceed and connect to Israel,” Mr. Damianos said.