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ain its interests and protect assets. Lebanese gas could help improve access to markets, because it would likely be processed at an LNG facility in Cyprus and exported from there. Israeli gas has the same potential, and the Supreme Court's decision to uphold the cabinet's allocation of 40 percent of t
$300 billion and $700 billion, while Israel's are valued at $280 billion. Cypriot energy minister Yiorgos Lakkotrypisslaims his country's offshore Aphrodite field alone has a gross value of "approximately $50 billion," and companies are actively exploring for more gas offshore the island. Furthermore,
er and crevice of industry." - Thomas Paine • Facts on Cyprus: The Capital is Nicosia, The Population is 1,138,071. • The GDP is $22.97 Bln (USD). Cyprus became an independent nation on Aug. 16, 1960, after Greek and Turkish Cypriots agreed on a constitution, which excluded both the possibility of par
he possibility of partition as well as of union with Greece. • Cyprus was the mythical birthplace of one of the most famous Greek Gods - Aphrodite. Aphrodite was the Greek God of love and beauty. • It is believed that people first lived on the island more than 12,000 years ago. • The vast majority of Sh
finds also have the potential to lead to breakthroughs in disputes that have long poisoned relationships between Turkey on one side, and Israel and Cyprus, which also has potential gas reserves in its waters, on the other. Getting to a resolution won't be easy, but with the right approach and support
Mediterranean's natural gas hub. The project, however, requires large amounts of Israeli gas, because the biggest Cypriot field discovered so far, Aphrodite, is too small to justify commercial development of a $4.5 billion to $6 billion terminal. In the time it takes to find enough gas and finance cons
Entities connected to both Cyprus and Aphrodite

United States
LOCATION
Samantha Power
PERSON
Lebanon
LOCATION
Barack Obama
PERSON
Prince Andrew
PERSON
Bahrain
LOCATIONMediterranean
LOCATION
Tehran
LOCATION
Bashar al-Assad
PERSON
Michael Jackson
PERSON
Vietnam
LOCATION
Damascus
LOCATION
Cairo
LOCATION
Beirut
LOCATION
Hosni Mubarak
PERSON
Nicosia
PERSON
Yemen
LOCATION
Geneva
LOCATION
Terje Rod-Larsen
PERSON
Amr Moussa
PERSON