Israel's Delek interested in Cyprus' gas facility
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Cyprus' Energy Minister says Israeli energy firm Delek is looking to take part in the development of a gas processing facility on the island, a major project the government is hoping will bolster the country's shaken economy.
Georgios Lakkotrypis said that senior Delek officials on Monday held talks with Cypriot President Nicos Anastasiades. Delek and subsidiary Avner Oil exploration hold a 30 percent stake in a gas field off Cyprus' southern coast that's estimated to contain 5-8 trillion cubic feet of gas. (AP)
