The anticipated start date for natural gas extraction from the Aphrodite gas field in Cyprus is expected to be around 2027 or 2028. The Cypriot government and Chevron are working collaboratively towards a mutually beneficial development plan, with ongoing discussions and technical committees engaging in dialogue to reach an agreement. The government is also promoting energy selfsufficiency for households through the installation of photovoltaic systems and future plans for battery installations.
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The anticipated appointment of the UN SecretaryGeneral’s envoy to Cyprus is expected to rekindle negotiations to resolve the longstanding conflict. President Nikos Christodoulides has called for constructive dialogue and expressed hope for progress towards a peaceful resolution, reaffirming Cyprus’s commitment to reunification.