Gas discovery cements ties between Cyprus, Israel
2013-05-09 16:24:23
Cyprus and Israel cemented ties with the latest visit of President Nicos Anastasiades to Jerusalem.
Cypriot President Nicos Anastasiades said May 7 his country was the most reliable neighbor of Israel and the discovery of hydrocarbons in the Mediterranean Sea created new prospects for relations between the two countries. “We are inaugurating a new era in relations between our two countries,” Anastasiades said during a working lunch hosted by Israeli President Simon Peres in Jerusalem.
“The two countries are committed to collaborating - we have historic ties and a common culture, but also a common blessing that are the hydrocarbons.” Turkey finds unacceptable a loan method for debt-hit Cyprus providing natural resources in the Eastern Mediterranean as a guarantee. Turkish officials say the resources around the island belong to all the people living on the island, within the framework of international law.
Israel has discovered at least 24 trillion cubic feet of natural gas in two marine blocks. Cyprus is in the process of confirming the discovery of about 7.5 trillion cubic feet of gas in a block adjoining one of Israel’s gas fields. Further exploratory drillings are expected soon by an Italian ENI and South Korean Kogas consortium and by French company Total.
Cypriot President Nicos Anastasiades said May 7 his country was the most reliable neighbor of Israel and the discovery of hydrocarbons in the Mediterranean Sea created new prospects for relations between the two countries. “We are inaugurating a new era in relations between our two countries,” Anastasiades said during a working lunch hosted by Israeli President Simon Peres in Jerusalem.
“The two countries are committed to collaborating - we have historic ties and a common culture, but also a common blessing that are the hydrocarbons.” Turkey finds unacceptable a loan method for debt-hit Cyprus providing natural resources in the Eastern Mediterranean as a guarantee. Turkish officials say the resources around the island belong to all the people living on the island, within the framework of international law.
Israel has discovered at least 24 trillion cubic feet of natural gas in two marine blocks. Cyprus is in the process of confirming the discovery of about 7.5 trillion cubic feet of gas in a block adjoining one of Israel’s gas fields. Further exploratory drillings are expected soon by an Italian ENI and South Korean Kogas consortium and by French company Total.
