Cyprus and Chevron Strike Deal for Aphrodite...
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The Cyprus government and Chevron, the U.S. energy company, have successfully concluded negotiations on the development of the Aphrodite gas field, marking a significant breakthrough, according to a report by the Associated Press. The Aphrodite gas field, the first to be discovered beneath the seafloor off Cyprus, is estimated to hold 4.2 trillion cubic feet of gas.
The details of the agreement remain undisclosed, but officials from Cyprus describe it as "mutually beneficial" for both...
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Article automatically added to our system on Friday, December 1, 2023
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