Nicosia: Formulating a bilateral agreement between Cyprus and Israel on the management of the "Aphroditi - Ishai" natural gas field appears to be at the final stages, reliable sources told CNA on Thursday, noting at the same time that a delegation from Israel is expected to visit the island within January for intensive negotiations.
According to Cyprus News Agency, the final draft, which includes the Israeli side's comments, has been sent to Cyprus as was determined during the last meeting between delegations of the two countries, which took place in Israel last December.
The sources highlighted that aiming for substantive progress in the process, the arrival of an Israeli delegation in Cyprus for intensive negotiations is expected. This development indicates that the parties have reached the final stage of formulating an intergovernmental agreement between the Republic of Cyprus and Israel on the management of the "Aphroditi - Ishai" reserve.