Developing Aphrodite Field Should Be ‘Immediate Priority’
CYPRUS’ immediate priority on the hydrocarbons front should be to develop the Aphrodite gas reservoir, and although an export pipeline to Egypt appears to be the best solution for monetising the gas, there are question marks over its feasibility, recent research has concluded.
The findings of two policy papers commissioned by the German Marshall Fund of the United States(GMF) were presented to media in Nicosia yesterday.
Presenting the papers’ main findings was Michael Leigh, consultant and senior advisor to the GMF.
The two policy papers are titled “Financing gas projects in the Eastern Mediterranean” and “Egypt: A market for natural gas from Cyprus and Israel?”