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2027 realistic date for exploiting Aphrodite gas reserves says minister
November 4, 2022
A realistic scenario for when Cyprus can produce natural gas from the Aphrodite gas field is 2027, Energy Minister Natasa Pilides told MPs at the House finance committee on Friday.
Construction of the necessary infrastructure must be carried out as soon as possible and if Cyprus wishes to supply the EU with natural gas, this must be done by 2030 or else the opportunity will be lost, she added.
Presenting her ministry’s budget, she said discussions with Aphrodite’s licenced consortium were underway while President Nicos Anastasiades’ visit to Israel on November 9 may yield positive developments over the Yishai gas field demarcation dispute.