24 Hrs
Source:
المصدر
Aphrodite gas field prepares for Egyptian connection
Egyptian Minister of Petroleum and Mineral Resources, Eng. Kareem Bedoui, emphasized the importance of completing the final steps of the project connecting Cyprus's Aphrodite gas field to Egyptian infrastructure. The goal is to pave the way for making a decision on long-term procurement and final investment, and to begin implementation as soon as possible. During the meeting with leaders from the global company Chevron, held in Athens, progress was discussed regarding the technical, commercial, and legal procedures for the project. Attendees underscored the need to accelerate these processes to strengthen Egypt’s position as a regional hub for natural gas trading and commerce, benefiting from Egyptian infrastructure to transport East Mediterranean gases to markets. The Aphrodite project is considered a significant step toward maximizing the utilization of regional gas resources and achieving regional energy sector integration. Its aims include attracting investments and supporting cooperation among countries in the energy field.
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