Cyprus will proceed with the development of a natural gas field in Cypriot waters in the Mediterranean despite the fact that Israel has advised the field’s developers not to begin work until a dispute over cross-border reserves is settled, the energy minister of Cyprus, Georgios Lakkotrypis, told S&P Global Platts . Cyprus, which has ambitions to develop its offshore natural gas resources, will proceed with the development of the Aphrodite gas field as planned, the minister told S&P Global Platts. Cyprus and the partners developing the Aphrodite field—Noble Energy, Shell, and Delek Drilling— signed in November amended terms of the production sharing contract (PSC) with the government of Cyprus and the partners were granted an exploitation license for the block. If everything goes to plan, “supply of natural gas from the Aphrodite Reservoir may occur during 2025,” Delek Drilling said in early November. However, Israel sent later in November […]