Economy Politics Country 2026-04-09T17:41:22+00:00

Cyprus's Aphrodite Gas Field Signs 15-Year Sales Agreement

Neomedi Energy, a partner in the Aphrodite gas field, announced a 15-year sales agreement. This event is significant for Cyprus's energy sector and its ambitions to become a regional energy hub.


Cyprus's Aphrodite Gas Field Signs 15-Year Sales Agreement

Neomedi Energy, a partner in the offshore Aphrodite gas field off Cyprus, announced on Thursday that the field has signed a 15-year sales agreement. This agreement marks a significant milestone for the development of Cyprus's energy sector and its position as a regional energy hub. The details of the deal, including the volumes and financial terms, have not yet been disclosed. Industry experts believe this contract is a crucial step towards the full commercialization of the Aphrodite field.