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Cyprus Rejects Chevron Proposal for Aphrodite Gas Field

Cyprus has rejected Chevron’s proposal for the Aphrodite Gas Field, giving them a sixmonth deadline to present a revised plan. The consortium, which includes Chevron, NewMed Energy, and BG Cyprus, must comply with specific actions to move forward with the field’s development.

Strategic Breakthrough in Cyprus’ Energy Sector

By Demis Papadopoulos

The recent breakthrough in Cyprus’ energy sector involves an agreement between the Cypriot government and Chevron for the development of the ‘Aphrodite’ gas field. This collaboration aims to start natural gas production by 2027, promising significant economic benefits for Cyprus.