Cyprus signs $9bn contract with Israel to extract gas

MEMO | June 7, 2019 Cyprus will earn $ 9.3 billion over 18 years thanks to the exploitation of the Aphrodite gas field under a renegotiated contract with Dutch-British Shell, US-based Noble, and Israeli company Delek, the Energy Minister for Cyprus, announced. George Lakkotrypis told reporters that the reworking of the production contract guaranteed Cyprus […]

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