Israel tells Energy Companies to Pause on Cyprus Gas Project

JERUSALEM: Israel‘s Energy Ministry has advised three energy companies not to start work on the Aphrodite gas field off Cyprus until the two countries reach agreement over ownership of the reserves.

Cyprus and Israel have been in dispute for several years over the gas reserves that straddle their maritime border, with no guarantee of any immediate resolution.

Cyprus last month signed a 25-year concession with Noble Energy, Shell and Delek Drilling for exploitation of the Aphrodite field, which was first discovered in 2011.

The director general of Israel’s Energy Ministry, Udi Adiri, sent a letter to officials at the three companies, saying development must not commence until agreement is reached between the governments of Israel and Cyprus.

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