The Homer Ferrington gas drilling rig is operated by Noble Energy and drilling in an offshore block on concession from the Cypriot government in the east Mediterranean on November 21, 2011.
(REUTERS)
Globe and Mail
August 15, 2013
The debt-strapped economy of Cyprus may have found a solution to its cash-flow problems buried
kilometres below the surface of the Mediterranean Sea. The island’s hopes are resting on Aphrodite, the
natural gas field located almost 170 kilometres off the Cypriot coast, which could be worth upward of
$45-billion (U.S.) if the resources prove extractable…
daina lawrence, journalist 