London-Almost 10 years since Cyprus made its maiden gas discovery at Aphrodite, there are increasing signs that the long-awaited development may finally be gaining momentum. Discovered in 2011 by the US' Noble Energy, the development of the 4.1 Tcf field has been delayed by uncertainties over how best to monetize the resource. And despite an agreement with Cairo to pipe Aphrodite gas to Egypt and the signing last year of a new gas exploitation agreement between the field partners and the Cypriot government, the industry downturn and the coronavirus pandemic threatened to slow work again.
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