Skip to main content

Israel, Cyprus to resolve disagreement over maritime gas field

Most of the disagreement points between Israel and Cyprus over the joint Aphrodite-Yishai natural gas reservoir have been resolved, and an agreement is apparently imminent.

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea.
A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal beach of Nasholim, on Aug. 29, 2022. — JACK GUEZ/AFP via Getty Images

Israel is trying to promote the development of its own and its neighbors' gas fields, in light of the European energy shortage. It plans to sell natural gas from its reservoirs in the Eastern Mediterranean to the European countries disengaging from Russian gas supplies.

That being said, Israel is engaged in two international disputes over the development of its Mediterranean gas fields.

Related Topics

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in