2021-03-09 16:35:29 GMT2021-03-10 00:35:29(Beijing Time) Xinhua English
NICOSIA, March 9 (Xinhua) -- Israel and Cyprus on Tuesday reached an understanding over gas reserves straddling their maritime border in a development hailed as a "breakthrough" by Israeli Energy Minister Yuval Steinitz, the English newspaper Cyprus Mail reported in an online story.
Cyprus' Minister of Energy Natasa Pilides said she and Steinitz, during his brief visit to Cyprus, had agreed upon a framework to resolve the issue, and guidelines would be passed on to the companies involved in the project, the newspaper said.
The agreement caps nine years of negotiations between the two sides on production sharing at a gas field, which straddles the marine Exclusive Economic Zones (EEZs) of Cyprus and Israel.