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Cyprus’s Aphrodite gas production can sell in Europe – Analyst
February 9, 2021
Cyprus’s Aphrodite gas field, located in located in Block 12 of Cyprus’s exclusive economic zone, and with reserves of 129 billion cubic metres, is expected to begin production in 2025.
But will there be a market for Cyprus’s gas at that time?
We asked EY’s Simon Collier how best that production could be monetised, whether via pipeline to Europe or via other means.
The London-based Collier is Associate Partner in the EY UK&I Energy Law team. He advises on complex cross-border transactions in both the oil and gas and power sectors, including project development, acquisitions and disposals, joint ventures and financings.