22.09.2015 - 15:25 [ In-Cyprus ]

A strategic plan for a Cyprus gas hub

The earliest commentaries suggested that this was the end of Cyprus’ dreams of producing gas from the offshore Aphrodite field and that plans recently announced to sell Aphrodite gas to Egypt for processing in their (idle) liquefied natural gas (LNG) plants would also be abandoned. However, the Ministry of Energy was quick to confirm that talks were still on-going.

The subsequent visits by emissaries from both Israel and Egypt to Cyprus would certainly suggest that the cooperation between the three countries is considered important enough to continue.