Chevron advances plan to link Cyprus gas to Egypt

Chevron and Egypt are seeking to accelerate agreements to connect Cyprus' offshore Aphrodite gas field to Egyptian infrastructure. Egyptian Petroleum Minister Karim Badawi held talks with Chevron executive Javier La Rosa to finalize the technical, financial, and commercial frameworks needed for the project.

The two sides also discussed expanding Chevron's gas exploration activities in Egypt's Mediterranean waters. Egypt noted in March that technical and legal teams were already preparing agreements to link the field, which would allow the gas to be processed and re-exported to international markets.

Discovered in 2011, Aphrodite is located in Cyprus' offshore Block 12, roughly 170 kilometers southeast of the island, and holds an estimated 3.5 trillion cubic feet of gas. Chevron operates the field with a 35% interest alongside Shell and NewMed Energy.

Cyprus approved an updated development plan in 2025 that includes a floating production unit and a subsea pipeline to Egypt. The initiative aligns with Egypt's strategy to channel Eastern Mediterranean gas through its processing and LNG infrastructure, alongside projects from operators such as Eni, TotalEnergies, ExxonMobil, and QatarEnergy.