Cyprus and Lebanon to negotiate agreement for hydrocarbon reserves

Cyprus and Lebanon have agreed to commence negotiations in order to conclude a framework agreement regarding the development of hydrocarbon reserves extending on both sides of the median line between their respective exclusive economic zones (EEZ). According to a Foreign Ministry announcement, Minister Nicos Christodoulides, together with the Minister of Energy, Commerce, and Industry Yiorgos … Continue reading Cyprus and Lebanon to negotiate agreement for hydrocarbon reserves