Getting Cyprus natural gas to market via Egypt hailed
Egypt, Cyprus Sign Deals to Export Cronos, Aphrodite Gas
Egypt and Cyprus on Monday signed deals for the reexport and commercialization of Cypriot gas, agreements that are key for Cairo in its push to become a regional energy exporter as its own output suffered declines in the past couple of years.
Egypt exports Cypriot gas to Europe
Egypt became a net gas exporter after Eni discovered the Zohr Field in 2015, but its gas production, especially from the Zohr Field, has been falling since 2021, reaching a six-year low last year due to technical issues and an accumulation of overdue payments to international partners.
CVX-led consortium's updated development plan includes the construction of a floating production unit and the installation of subsea pipelines connecting to Egypt.
Cyprus’ Ministry of Energy, Commerce and Industry, along with Chevron and joint venture partners Shell and NewMed, has ...
Cyprus and a Chevron-led consortium have agreed on an updated development plan over an offshore gas field off Cyprus, a joint statement by the two sides said on Friday.
The Cypriot government has approved the updated plan for the Aphrodite gas field, filed by Chevron-led consortium, which will ...
Chevron plans to boost oil exports from Venezuela to a seven-year high, after a meeting between Venezuela President Maduro ...
Cyprus approves revised development plan for Aphrodite gas field . Find the latest news from the maritime industry on the PortNews website.
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Cyprus looking forward to role in region’s energy sectorThree presidents and 13 years after the discovery of gas in the Aphrodite field, the government this week clinched a deal with US oil giant Chevron for the development of the reservoir. And though it ...
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