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Companies submit $4 bln plan to develop Cypriot gas field Aphrodite

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The partners in the offshore Aphrodite natural gas field have submitted a plan to the Cypriot government to develop the project at a cost of about $4 billion, Israel’s NewMed Energy said. NewMed said that together with partners Chevron and Shell they updated an earlier development and production plan according to instructions from the government. ...

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