The Cypriot media report that the country could receive natural gas from Israel in early 2015, at reduced prices, if discussions on the supply of small quantities are completed by the end of the year, as the Minister of Commerce, Industry and Tourism Neoklis Sylikiotis has announced in a press conference about a visit to Israel by a high-ranking Cypriot delegation.
The Cypriot government is seeking an interim energy solution until its own natural gas reserves can be developed.
Minister Sylikiotis said that Israel is positive in supplying Cyprus a small quantity of natural gas, 0.5-0.7 billion cubic meters, for electricity production.
He added that Cyprus would import Israeli gas in the form of liquefied natural gas (LNG) through contracts between Electricity Authority of Cyprus and Israel Electric Corporation (IEC).


Export proposals also include building a pipeline from Israel, Cyprus and finally to Greece or combining the gas from discoveries off Cyprus and Israel at a joint LNG plant as soon as 2018 that will be built in the southern city of Larnaca.
Another option suggested by Noble was to build a plant in Jordan to ship the fuel to Asia through the Red Sea.
The Cypriot media report that the country could receive natural gas from Israel in early 2015, at reduced prices, if discussions on the supply of small quantities are completed by the end of the year, as the Minister of Commerce, Industry and Tourism Neoklis Sylikiotis has announced in a press conference about a visit to Israel by a high-ranking Cypriot delegation. The Cypriot government is seeking an interim energy solution until its own natural gas reserves can be developed. Minister Sylikiotis said that Israel is positive in supplying Cyprus a small quantity of natural gas, 0.5-0.7 billion cubic meters, for electricity production. He added that Cyprus would import Israeli gas in the form of liquefied natural gas (LNG) through contracts between Electricity Authority of Cyprus and Israel Electric Corporation (IEC).

Export proposals also include building a pipeline from Israel, Cyprus and finally to Greece or combining the gas from discoveries off Cyprus and Israel at a joint LNG plant as soon as 2018 that will be built in the southern city of Larnaca. Another option suggested by Noble was to build a plant in Jordan to ship the fuel to Asia through the Red Sea.
Cyprus–Israel relations