US sees Cyprus as part of EU energy security strategy
The disputed border also touches two other not-yetlicensed Lebanese blocks. This has led to years of brinkmanship with officials on both sides promising to protect their resources and warning about encroachment.
“There are some new ideas on the table. More than that I cannot discuss,” Energy Minister Yuval Steinitz, said in a Reuters interview.
David Satterfield, the acting U.S. state for Near Eastern Affairs, has countries recently as a mediator.
“There is room for cautious optimism. But not beyond cautious,” Steinitz said.
“I hope that in the coming months, or by the end of the year, we will manage to reach a solution or at least a partial solution to the dispute.”
Even a partial agreement would be a major diplomatic coup, as well as timely, since both Lebanon and Israel are planning new rounds of tenders for offshore exploration.
Israel has warned energy companies in Lebanon not to drill close to its border, and the consortium set to explore Block 9 - made up of Total, ENI and Russia’s Novatek - has said it would stay away from the disputed area. assistant secretary of shuttled between the