File - In this Sunday, Oct. 15, 2017 file photo, a man sits on a beach as a drilling platform is seen in the background outside from Larnaca port, in the eastern Mediterranean island of Cyprus. (AP Photo/Petros Karadjias, File)
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Cyprus is nearing an agreement to sell natural gas to Egypt, marking the second potential supply deal in as many days with the North African country vying to position itself as a regional energy hub after the startup of the giant offshore Zohr field. Cyprus would supply Egypt from the Aphrodite field, which was discovered by Noble Energy Inc. and contains an estimated 4.5 trillion cubic feet of gas. Noble Energy, with Delek Drilling-LP, said Monday it plans to sell gas to Egypt's Dolphinus Holdings Ltd. from Israel's Tamar and Leviathan deposits. The Egyptian LNG plants of Idku and Damietta lie some 640 kilometers south of Cyprus.The area from Cyprus to Lebanon and Egypt may contain additional gas riches and countries in the region are eager to develop export plans.Noble Energy and Delek Drilling-LP, the lead partners in Israel's largest gas fields, proposed supplying around 64 billion cubic meters of natural gas to Egypt's Dolphinus Holdings starting in 2020 .
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