US-firm Noble and its Israeli partner Delek on 11 June submitted its development plan for the 5 tcf Aphrodite field, Cyprus’ only offshore natural gas discovery to-date. This came just days after Cyprus’ Energy Ministry declared the field commercial on 7 June.
“The Development and Production Plan is expected to include the Licensees’ proposal with regard to the method and the timeline for development and production, as well as the planning for the sales and marketing of the hydrocarbons produced,” a Ministry statement said. (CONTINUED - 380 WORDS)
