Noble hints at delay in plans for Aphrodite gas field

Noble Energy, the primary concession holder on the Aphrodite gas field, has signalled they are putting on hold plans to develop and monetise the reservoir, while reiterating their commitment to the project.

In a statement provided to daily Politis, the US company said that tumbling commodity prices due to the economic fallout linked to the global coronavirus situation, have led them to “reconfigure” their work schedule in Cyprus as well.

While avoiding the term ‘delay,’ it could be inferred that Noble was hinting at exactly that.

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