The consortium of the "Aphrodite" gas field, which consists of Chevron Cyprus Limited, NewMed Energy Limited Parthnership and BG Cyprus Limited, has submitted its proposal for the optimisation of the agreed Development and Production Plan of the field within the timeframe set by the Ministry of Energy, Commerce and Industry.
"The Ministry will evaluate the submitted proposal together with its consultants and will inform the Licensing Consortium accordingly," it says in a press release, issued on Tuesday.
It adds that "in the meantime, the Ministry does not intend to make any further public statements on the matter.
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