Efthimiu: “First Natural Gas in 2020”
Greek Hydrocarbon Company (EİK) member Mike Efthimiu predicted that first natural gas can arrive in South Cyprus in 2020.
Speaking to Greek Cypriot daily Fileleftheros, Efthimiu stated that arrival of first natural gas to South Cyprus will be a turning point for Cypriot people. Stressing that it will not only have a symbolic importance, Efthimiu said that it will also decrease the cost of electricity.
Replying the questions regarding Aphrodite field at the 12. Parcel within the so-called Exclusive Economic Zone of South Cyprus, Efthimiu stated that in the current stage, they are analyzing the options for developing the field and they are close to build a pipeline in Egypt.