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      Archive: 2/11/2013
      16:36
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      News Brief

        2/11/2013, Adar 1, 5773

      Israel-Cyprus Sign Gas and Oil Explorations Deal


      Israeli firms Delek and Anver signed an agreement on Monday to acquire a 30 percent stake in exploration rights for gas and oil off Cyprus's southern shore carried out by US company Noble Energy.

      Commerce Minister Neoclis Sylikiotis told reporters that the signing provided a "new era of Cyprus-Israeli strategic cooperation which includes economic and political dimensions," AFP reported.