The Offshore Discovery in the Republic of Cyprus - Monetisation Prospects and Challenges
Article from: OGEL 3 (2013), in Eastern Mediterranean Oil and Gas
Introduction
In this July 2012 working paper, Anastasios Giamouridis describes the status of the Aphrodite discovery, applications for the 2nd licensing round, and options for the development of the field and the export strategy for gas produced in excess of Cyprus' modest current and future consumption needs. He juxtaposes the logical process of progressively defining field development and export options by the operator facing the customary field size uncertainty ahead of further appraisal drilling, with the rising expectations not just of the Cypriot government; but also ...