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Cyprus Cabinet to issue exploitation licenses for Aphrodite gas field, Minister says
CNA - CYPRUS/Nicosia 21/07/2019 11:47


The Cyprus Council of Ministers is expected to issue exploitation licenses for the Aphrodite gas reservoir paving the way for the monetization of Cyprus’ so far only commercial discovery, Minister of Energy Giorgos Lakkotrypis said in Paralimni on Sunday.
 
The Aphrodite gas field in block 12 of the Cyprus EEZ was discovered in 2011, while an appraisal well carried out in 2013 confirmed quantities ranging from 3.6 to 6 tcf with a mean of approximately 4.

(CNA)

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