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Plan for Aphrodite gas

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28-06-2016

Plan for Aphrodite gas

Noble Energy, Delek and BG (now owned by Shell) are close to announcing a natural gas development plan for the Aphrodite field. “We are in the final stages of agreeing to sell Cypriot gas to Egypt,” a government source told the press. Plans for Egypt moved ahead after Noble Energy and Delek declared commerciality for Aphrodite in Block 12 in June 2015. Earlier this year, BG, which has a share in the idle liquefied natural gas (LNG) plant in Idku in Egypt, took a 35% stake in Block 12.
 

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