Cyprus rejects Chevron proposal for Aphrodite gas field

Cyprus has rejected the new proposal by consortium Chevron, NewMed Energy, and BG Cyprus (Shell) to develop the ‘Aphrodite’ natural gas field in block 12 of the exclusive economic zone (EEZ), it emerged on Thursday.

The government deemed the proposal inadequate and requested the consortium states its consent within six months on specific actions aiming to develop the gas field.

The energy ministry announced on April 2 that it had received a proposal by Chevron, the operator of the field...