Egypt to buy all Aphrodite gas output from Cyprus
Egypt has formally committed to purchasing the entire gas output from Cyprus's Aphrodite offshore field once it commences production. This significant development, confirmed by project stakeholder Newmed Energy, provides a crucial commercial pathway for the long-stalled Cypriot gas discovery, solidifying its export destination.
Cyprus Mail · April 9, 2026
Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt
Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Med...
Offshore Energy · July 22, 2026