Consortium Led by US Firm, Cyprus Work Out Gas Deal for Egypt
NICOSIA – Cyprus and a consortium led by Houston-based Noble Energy
came to terms on a deal to ship natural gas from a field off the island to
Egypt, Cypriot state TV reported, saying there was a reworking on how
revenues would be divided.
Noble Energy leads the operation for sending gas to Egypt after building an
undersea pipe, in association with British Gas and Israeli Delek Drilling, each
of the three companies holding about one-third of the share, the Chinese
news agency Xinhua said.
Noble Energy asked the Cypriot government last... [
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