Israeli Gas Holds Promise of Better Ties with Neighbors

That could persuade Cyprus to give its consent to a pipeline that went through waters claimed by both the Greek-speaking and Turkish halves of the island. Since last year's downgrade of gas reserves at Cyprus's flagship Aphrodite field, it does not have enough gas to underpin its planned LNG export plant at Vassilikos.

Cypriot officials had counted on additional supplies from Israel to make the export project feasible, encouraged by the fact that Noble and Delek, two of Leviathan's main developers, also own Aphrodite.

Deepening Israeli reluctance to share its gas with a rival Cypriot project has stalled those talks.

(Additional reporting by Orhan Coskun in Ankara and Henning Gloystein in London; Editing by Will Waterman)


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