Cyprus and Israel to resume talks on cross-border gas reservoir in October
Officials aim to reach an agreement by the end of October on the reservoir shared by Cyprus’ Aphrodite field and Israel’s Ishai field.
Nicosia, Cyprus. Cyprus and Israel will continue negotiations in the first half of October over a cross-border gas reservoir, Energy Minister Michael Damianos said. The aim is to conclude an agreement before the end of the month.
Technical talks
Damianos told the Cyprus News Agency that the talks involve officials from both countries, their legal advisers and the companies operating the Aphrodite and Ishai fields.
The long-running issue arises because the Aphrodite gas reservoir extends geologically across the maritime boundary into the Ishai field in Israel’s exclusive economic zone. Aphrodite is in Block 12 of Cyprus’ exclusive economic zone and is operated by US energy company Chevron.
This news item was generated automatically by Cyprus Inform from publicly available materials. Report an error →