Aphrodite in doubt as new acreage turns heads

The Aphrodite field is located in Block 12. Its development could be disrupted by new acreage on offer.The Aphrodite field is located in Block 12. Its development could be disrupted by new acreage on offer.

The development of Aphrodite, Cyprus’s biggest gas field to date, will continue to be stymied by the lack of a route to market for its gas and the hunt for much bigger discoveries, sources have told Interfax Natural Gas Daily.

Noble Energy, Delek Group and Shell (which merged with BG Group in February) are expected to submit offers on Friday in Cyprus’s third licensing round. Eni and Total, which also hold blocks in Cyprus’s offshore.

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