Israel’s plan to bring Cyprus and Turkey together
Israel’s plan to bring Cyprus and Turkey together signing an memorandum of understanding on an LNG plant in Cyprus with Cyprus, Noble, Delek and Avner earlier this summer
By Hugh Pope
ISRAEL IS quietly challenging Turkey and Cyprus to make a choice: move together to develop Israel’s share of the East Mediterranean’s natural gas riches, or stay on the sidelines and perpetuate their decades-old stalemate over Cyprus.
Israel has stated its preference for export pipelines to both Turkey and Cyprus, and is in a strong position to elicit both countries’ cooperation. Only Israel has big proven reserves, while test drillings are still trying to establish whether Cyprus has major exportable quantities. Both fields are being developed by the same US and Israeli operating companies, who will make the main export decisions – subject, in the case of Israeli gas, to Israeli government permission.
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