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24.10.23 – Government remains ‘optimistic’ over developing Aphrodite

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Government remains ‘optimistic’ over developing Aphrodite

By Elias HazouOctober 24, 202312 Comments781SHARE0

comment ellinas between the aphrodite and glafkos fields, cyprus has over 300bcm gas

The government on Tuesday said it remains “optimistic” about the chances of an agreement with oil giants Chevron regarding the development of the Aphrodite gas reservoir offshore Cyprus.

Government spokesman Konstantinos Letymbiotis made the remarks after press reports on the same day suggesting the talks were headed for deadlock.

“The negotiations are ongoing, and we are optimistic,” he said.

The deadline for an agreement is November 5.

“Let us wait for the negotiations to be completed. Until then, we will not be making any further formal statements.”

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