Leviathan gas field

Shell eyes Leviathan and Cyprus gas for Egypt

Royal Dutch Shell Plc is looking to bring natural gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub.

According to sources, Shell is in talks to buy natural gas from Israel’s Leviathan field and combine it with output from Cyprus’ Aphrodite field – in which has a 35% stake – and pump it to an LNG plant in Egypt.

Turkey, Israel working on commercial details of possible gas pipeline: Israeli official

Turkey and Israel have been in talks about the commercial details of building a pipeline to carry Israeli gas to Europe via Turkey, a top Israeli official has said, adding that he is optimistic about the process in which a final agreement may be reached soon. 

The Cyprus Spring

"Conflicts can only be solved when they are still hot," Henry Kissinger once famously said. But Cyprus seems to overrule this quote since the 50-years old question seems to be defrosting at last.

Turkey-Israel: A peace pipeline on the way?

Energy cooperation has been a major force driving Turkish-Israeli reconciliation.

Israel's Leviathan gas field, the country's largest natural gas reservoir, was discovered in 2010 and is believed to hold 621 billion cubic meters of gas.

If a deal is concluded, an estimated 10 billion cubic meters of gas will be exported to Turkey each year.