{"id":6724,"date":"2024-04-03T18:01:00","date_gmt":"2024-04-03T15:01:00","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=6724"},"modified":"2024-04-03T18:01:00","modified_gmt":"2024-04-03T15:01:00","slug":"point-of-contention-overcome-for-aphrodite-gas-field","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=6724","title":{"rendered":"\u2018Point of contention overcome\u2019 for Aphrodite gas field"},"content":{"rendered":"
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The point of contention has been \u201covercome\u201d <\/strong>regarding the development of the Aphrodite gas field off the coast of Cyprus, Energy Minister George Papanastasiou said on Wednesday.<\/p>\n

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Speaking after a cabinet meeting, he said the plan for extraction of gas from the Aphrodite field will continue on the basis of the agreed development and production plan from 2019.
\n\u201cLet\u2019s give some time, and at a later stage, we will be able to give more specific directions and then give more information to the public,\u201d he said.
\nAsked if the government had drawn up a timeline to respond to Chevron\u2019s latest proposal for how the field should be developed, he said \u201cwe want to respond as soon as possible to start planning the joint venture<\/strong>.\u201d
\nThis, he said, would give the government a direction and timetable for exploiting the field.
\n\u201cWe have sent our overseas advisers the company\u2019s proposal, and we will respond in the next few days,\u201d he said.
\nHe went on to say that discussions on the matter have now been \u201cexhausted\u201d and that Chevron \u201cunderstands that [gas extraction] will be on the basis of the development and production plan which was signed in 2019.\u201d
\nHe added, \u201cthe consortium has the opportunity to lead in a different direction, but on the basis of that plan.\u201d
\nOn the matter of the gas itself, he said \u201cit should be released to international markets, and we should focus on substance rather than public statements at this stage.\u201d
\nHe also made reference to an ongoing dispute with Israel over \u201cplot 12\u201d<\/strong>, which contains a small gas field which is connected to the Aphrodite field.
\nHe said there is \u201cno difficulty\u201d, and that he believes that Cyprus\u2019 differences with Israel on the matter should be closed in the next three months.
\nOn the matter of the \u201cKronos I\u201d and \u201cKronos II\u201d fields, he said the CEO of Italian company Eni had requested a visit to Cyprus this month<\/strong>.
\nDuring that visit, he said, \u201cwe believe that we will hear what the company intends to do, in terms of development and a production plan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The point of contention regarding the development of the Aphrodite gas field off the coast of Cyprus has been overcome, according to Energy Minister George Papanastasiou. The plan for extraction of gas from the Aphrodite field will continue based on the agreed development and production plan from 2019. The government wants to respond as soon as possible to start planning the joint venture with Chevron. Discussions on the matter have been exhausted, and Chevron understands that gas extraction will be based on the 2019 plan. There is an ongoing dispute with Israel over “plot 12” connected to the Aphrodite field, but the Energy Minister believes the differences should be closed in the next three months. The CEO of Italian company Eni has requested a visit to Cyprus this month to discuss the development and production plan for the Kronos I and Kronos II fields.<\/p>\n","protected":false},"author":3,"featured_media":6725,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[4672,3345,3520,4670,1469,2144,3,3818,4863,358,11,491,4548,4862,250,3330,415,187,299,34,1346,3331,4671,4100],"class_list":["post-6724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-aphrodite-gas-field","tag-cabinet","tag-cabinet-meeting","tag-chevron","tag-coast","tag-consortium","tag-cyprus","tag-development","tag-development-and-production-plan","tag-energy","tag-energy-minister-george-papanastasiou","tag-eni","tag-gas","tag-gas-extraction","tag-google","tag-google-news","tag-government","tag-international","tag-israel","tag-markets","tag-meeting","tag-news","tag-proposal","tag-visit"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\n\u2018Point of contention overcome\u2019 for Aphrodite gas field<\/title>\n<meta name=\"description\" content=\"gas field. 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