18 Hrs
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Petroleum Minister updates Chevron on Aphrodite-Egypt Project
The visit of the Egyptian Minister of Petroleum to Athens focused on following up on the final stage of the project linking the Cypriot Aphrodite gas field with Egyptian infrastructure. The minister emphasized the need to complete technical, legal, and commercial procedures quickly, with the aim of beginning implementation soon, in order to maximize the benefits of Egyptian infrastructure in gas trading and to strengthen Egypt's position as a regional energy hub. The project is expected to facilitate the more efficient transfer of Eastern Mediterranean gases to markets, supporting cooperation and investments in the region's energy sector.
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