World, As Seen from the most beautiful islands: Ireland and Cyprus

Cyprus has rejected Chevron’s plans to develop the Aphrodite offshore gas field


Minister Papanastasiou told Bloomberg that the parties involved “could start talks with the aim of reaching an agreement within 30 days.” The new negotiating period began on Friday.

The plan, submitted in May by a Chevron-led consortium including Shell and Israel’s NuMed Energy, aimed to connect the gas field to existing processing and production facilities in Egypt via an undersea pipeline.

Aphrodite was discovered more than a decade ago about 170 km off the city of Limassol and is estimated to contain about 124 billion cubic meters of gas.

Chevron, Shell and Newmed Energy did not immediately respond to Reuters’ request for comment.

Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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