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Cyprus Government expresses optimism on negotiations with Chevron

07:47 - 25 October 2023

Economy Reporter

Cyprus’ Government has expressed optimism that there will be a conclusion by the end of the negotiation period with Chevron on offshore Aphrodite gas field.

In his statements during a briefing for journalists at the Presidential Palace, and commenting on a journalist's remark that it seems that the negotiations with Chevron for Aphrodite were headed for disaster, Government Spokesman, Konstantinos Letymbiotis, on 24 October said that Chevron's presence in the Cypriot EEZ was “a strong vote of confidence”. “Negotiations continue and we are optimistic that there will be a conclusion”, he added.

He called for patience until the negotiations were completed, noting that agreements have been signed and that, until 5 November, which is also the deadline, there can be no more official statements.

Asked if there was a possibility for Nicosia to accept the plan submitted by Chevron, the Spokesman reiterated that the negotiations were ongoing and there can be no statements on this. 

(Source: CNA)

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