Netanyahu meets with Cypriot and Greek counterparts in Nicosia, whose government wants Israel to pump gas to a terminal in Cyprus where it would be liquified for shipment onward
NewMed Energy, Chevron Mediterranean Limited and Ratio Energies teaming up on plan to boost production capacity from about 12 billion to 14 billion cubic meters per year
New development plan presented for approval to Cypriot government is expected to cut costs and bring forward production start of natural gas from the reservoir
Sales from offshore gas reservoir in 2022 rise to $2.5 billion; partners have plans to increase annual gas supply by about 2 BCM with new subsea pipeline expected in 2025
German officials had feared that the Nord Stream 1 pipeline — the country’s main source of Russian gas — might not reopen at all, amid growing tensions over Russia’s war in Ukraine
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