Cyprus Times

Cyprus and Israel Finalize Agreement for 'Aphrodite-Isai' Gas Field

Published January 15, 2026, 15:10
Cyprus and Israel Finalize Agreement for 'Aphrodite-Isai' Gas Field

Cyprus and Israel are in the final stages of formulating an interstate agreement for the management of the 'Aphrodite-Isai' gas field. Sources indicate that the draft agreement, incorporating comments from the Israeli side, has already been sent to Cyprus. A delegation from Israel is expected to arrive in Cyprus in January for intensive negotiations, signaling the imminent completion of the agreement. This agreement is considered strategically important for both countries. The process is advanced following the last meeting in Israel in December.