Aphrodite gas field is an offshore gas field off the southern coast of Cyprus located at the exploratory drilling block 12 in the country's maritime Exclusive Economic Zone and bordering the Yishai gas field, located in Israeli territorial waters. [5]

5 days ago · The supply of natural gas from the Aphrodite gas field is expected to commence in 2031. Aphrodite holds an estimated at 3.5 trillion cubic feet of gas. It is located in the area of Block 12, around 170 km offshore Limassol in Cyprus.

3 days ago · The Aphrodite gas field is located nearly 160km toward the south of Limassol, at water depths of 1,700 meters. Production from this field is estimated to begin in 2031. Story Continues

Feb 14, 2025 · The Ministry of Energy, Commerce and Industry and Chevron Cyprus Limited (CCL), together with the Joint Venture partners, Shell and NewMed, announce the approval of the modifications proposed to the Development and Production Plan (DPP) related to the Aphrodite Field (Offshore Cyprus – Exploration Block 12).

4 days ago · Eni Chief Executive Officer Claudio Descalzi called the agreement a decisive step toward creating an energy hub in the eastern Mediterranean. Officials haven’t disclosed how large the Cronos deposit is, but it’s believed to hold more than the Aphrodite deposit — the first gas field discovered inside Cyprus’ exclusive economic …

5 days ago · In September 2024, a Chevron-led consortium submitted a revised $4bn (€3.62bn) development plan for the Aphrodite gas field to the Cypriot Government, aligning with its directives for natural gas production and processing.

The Aphrodite partners and the Government of Cyprus are exploring options to supply natural gas to the domestic market in Cyprus, and to export natural gas by pipeline to other markets, including the Egyptian market, and the global LNG market.

Dec 1, 2023 · The Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus, an official said Friday, Dec. 1, 2023.

Sep 1, 2024 · Partners in the Aphrodite natural gas field offshore Cyprus, which include Israel’s NewMed Energy, announced on Sunday that they had submitted an updated plan to the Cypriot government for the...

Sep 1, 2024 · The partners in the offshore Aphrodite natural gas field have submitted a plan to the Cypriot government to develop the project at a cost of about $4 billion, Israel's NewMed Energy said.