Revenue-sharing talks for Aphrodite gas find going well

13 March 2019

Revenue-sharing talks for Aphrodite gas find going well

Talks aimed at recalibrating the revenue-sharing agreement for the Aphrodite gas reservoir appear to be going well, reports said on Tuesday.

Daily Politis said progress was made during the latest round of negotiations held last week between the government and the consortium (Noble Energy, Delek, Shell) holding the concession on Aphrodite.

The paper reported that sometime in the next few days Noble – the operator – is expected to come back with a revised production-sharing agreement. The government will then study the text and offer its own suggestions.

 

Continue reading at source:  Cyprus Mail

Freephone:
Head Office Protaras:
Larnaca Office:
Paphos Office: