5 Minute News

Cyprus and Chevron Agree on the Development of the Aphrodite Gas Field

February 14, 2025

Cyprus and Chevron have agreed on the approval of the Development and Production Plan for the Aphrodite gas field. The collaboration includes the construction of a floating production unit and a pipeline for transporting natural gas to Egypt. The Minister of Energy stated that Cyprus looks forward to the project's development for the benefit of the country and its people. Chevron emphasized the importance of this partnership for the region's energy strategy.