'Israel, Cyprus cooperation could impact gas market' | Jerusalem Post

05/08/2013 By SHARON UDASIN, GREER FAY CASHMAN

Cypriot president stresses natural gas "can become the driving force" for partnership between Israel, Cyprus.

President Shimon Peres with Cypriot counterpart Nicos Anastasiades, May 2013. Photo: Courtesy President’s Residence

 

Only by combining their forces will Israel and Cyprus be able to make a significant dent in the global natural gas economy, the Cypriot energy minister stressed on Tuesday.

“We feel that through a close collaboration with Israel we will be able to be a major player in the world energy market, something that for each country individually might be too hard to achieve,” said Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis.