News Briefs

  Adar 1, 5773 , 11/02/13

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. 


Other archived news briefs:Feb 11 2013, 04:36 PM, 2/11/2013