An ownership squabble over Cyprus' main natural gas field is threatening to delay multi-billion dollar plans to turn the eastern Mediterranean into a major energy hub...
Israel and Cyprus will take their disagreement over the distribution of gas in the joint Aphrodite reservoir to international arbitration, according to a report published by Globes...
A final draft has emerged with Egypt and Cyprus agreeing the terms that would regulate the construction of an underwater pipeline from the Aphrodite gas field to two LNG terminals, Idku and Damietta. Experts hope that other players would jump on board to justify further such a commercial endeavor. ...