Home cyprustimes.com (Κύπρος) Updated Plan For ‘Aphrodite’ Field In The Right Direction Says President

Updated Plan For ‘Aphrodite’ Field In The Right Direction Says President

Updated Plan For ‘Aphrodite’ Field In The Right Direction Says President

Clarifications needed, lower electricity prices key to decision


Cyprus President Nikos Christodoulides, said on Monday that the Republic of Cyprus was evaluating the updated development and production plan for the “Aphrodite” gas field, which was moving in the right direction.

“The proposal is in the right direction and aligns with the positions of the Republic of Cyprus. The presence of Chevron, a major US company, in our Exclusive Economic Zone is a vote of confidence for us.

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