Philenews

Israeli Delegation to Finalize Aphrodite-Isai Gas Deal

Published January 20, 2026, 08:22
Israeli Delegation to Finalize Aphrodite-Isai Gas Deal

An Israeli delegation from the Ministry of Energy and Infrastructure will visit Nicosia this week to finalize the agreement regarding the development of the Aphrodite gas field, which also includes the Isai reservoir within Israel's EEZ. Talks were accelerated following a trilateral Israel-Cyprus-Greece conference in Jerusalem in December, where the Energy Ministers agreed to expedite the completion of the agreement. The goal is to sign the agreement in February, with a joint process for evaluating geological data and determining Israel's share in the reservoir. The agreement is expected to ensure appropriate compensation for Israel.