The Cypriot government is expected to approve Chevron’s development and production plan for the Aphrodite gas field within a month, as final legal details are being reviewed, sources said.
The American energy giant’s revised proposal includes a floating production unit and a shorter pipeline route to Egypt than previously suggested, with a landing point at Port Said’s existing gas infrastructure on Egypt’s eastern coast.
The new landing location represents a significant change from Chevron’s earlier proposal, which had planned for the pipeline to reach further west along the Egyptian coast.
Sources say the adjusted route will reduce both costs and implementation time while maintaining Cyprus’s preferred floating production facility at the Aphrodite field.
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