Aphrodite dispute deadline November 20

Final decisions on developing the Aphrodite gas field will be made on November 20, NewMed Energy said in a statement to the Tel Aviv Stock Exchange. It said the consortium partners will

No gas without infrastructure

Energy Minister George Papanastasiou believes developing infrastructure to harness the natural wealth in the Cypriot Exclusive Economic Zone (EEZ) is critical. He argued that while Cyprus boasts significant natural gas reserves, the lack

Nicosia stands firm in Chevron standoff

Nicosia is sticking to its guns over a dispute in the commercial exploitation of the estimated 4.4 trillion cubic feet of Aphrodite’s untapped natural gas, ahead of the 5 November deadline. Chevron

Energy policy flickers in darkness

Successive governments have declared for over a decade that they want to develop the island’s onshore and offshore resources for Cyprus to become an energy hub, linking the Middle East, northern Africa,


Government optimistic over Chevron deal

The government is optimistic about a positive conclusion in its lengthy negotiations with Chevron in commercialising untapped Aphrodite natural gas. There has been speculation that negotiations with Chevron were headed for disaster

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