The plan, which was not approved, included construction of an underwater pipeline that would connect the field in Cyprus to existing production infrastructure in Egypt.
Israel's Energy Minister Karine Elharrar has given the partners owning the rights to the adjoining offshore gas fields until March 4 to reach agreement.
Ishai partners feel betrayed over Israel-Cyprus gas talks globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.