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Could This Gas Field Benefit Israel?
Illustrative: London-based Energean’s drill ship begins drilling at the Karish natural gas field offshore Israel in the east Mediterranean May 9, 2022. REUTERS/Ari Rabinovitch
The Aphrodite gas field was discovered in 2011, and its gas potential is estimated at 124 billion cubic meters. Ownership is divided among three companies: Chevron owns 35%, Shell 35%, and New Med (formerly Delek) 30%. The field is approximately 170 km south of Limassol and 30 km from the Israeli gas field Leviathan.
A small part of the Aphrodite field is in Israel’s economic waters, which means it is a joint, or cross-border, field – a fairly common situation in the global energy arena. The Israeli part is owned by three Israeli companies. Israel and Cyprus have held multiple talks in order to reach an agreement about the field but were not successful, and appear to have left the matter to the companies that are commercially concerned. The likely reason is that the two countries do not want to cloud their close relationship with a dispute over the gas field.
The Aphrodite field has not progressed towards the development stage for a variety of reasons, some of them economic. The reservoir is not particularly large, but it is commercial. No less importantly, it has implications for the “Cyprus problem” — that is, the conflict over the future of the island, which has been divided ever since the Turks invaded it in 1974.
The companies, led by Chevron, and the Cypriot government, represented primarily by its Minister of Energy, conducted complex rounds of negotiations that involved much hand-wringing on the part of the Cypriot minister. A few months ago, the minister went so far as to threaten that if the companies did not return to the original development plan submitted in 2019, he would withdraw the franchise.
Chevron, an American company and one of the largest in the world, won the support of the American government during the negotiations. The President of Cyprus met with the senior Chevron officials and with President Biden’s special envoy, Amos Hochstein, and promised to settle the differences of opinion.
The main dispute concerns the number of wells that will be operated above the field, a matter that reflects the question of supplying gas from the reservoir not just to the export market but to the Cypriot market as well. There was no dispute regarding the export of gas to liquefaction facilities in Egypt (and from there to the local market or other export markets). The updated proposal requires the companies to take on an additional economic cost, along the lines of the original development plan.
The companies’ U-turn on this issue seems to be due to several factors:
Gas discoveries in the eastern Mediterranean have become more attractive since the outbreak of the war in Ukraine, especially for Europe, considering gas prices on the world market. No less important is the Egyptian market, which urgently requires gas for both local consumption and re-export for the purpose of obtaining foreign currency, a vital need for the faltering Egyptian economy. The Egyptian market is a stone’s throw from the field.
The proximity of the Aphrodite field to Israel’s Leviathan field, one of the world’s largest gas discoveries of recent years, is a great advantage. The possibility of connecting to Leviathan, one way or another, is on the table (theoretically at least, but with a considerable economic rationale). It depends on an Israeli decision about its preferred export alternative.
The Cypriot Minister of Energy has wisely leveraged the interest that international companies like BP (British Petroleum) and the UAE’s Adnoc have expressed in stepping into the shoes of the field’s current owners should the negotiations fail. These companies have made their interest clear, and contracts have even been reported to purchase 50% of the Leviathan field (the purchase never took place, perhaps due to the war). It was also reported that the Energean company, which operates the Karish field in Israeli economic waters, has signaled to the Cypriot government that it has an interest in the Aphrodite field.
While the dispute between the Cypriot Minister of Energy and the companies has been settled, the devil is in the details. There is still the “elephant in the room” – the conflict over the future of the island. Negotiations surrounding the reunification of the island have failed time and time again. The Greek part is recognized by the whole world (except Turkey) as the Republic of Cyprus, a member of the European Union. The Turkish part is not recognized internationally by any country other than Turkey. After the last failure in 2017, the Turkish position toughened. In recent years, Ankara has said the only alternative is to divide the island into two countries.
The dispute over the utilization of the proven energy potential in Cypriot economic waters, and its distribution between the two communities on the island, has not been resolved as the island’s future remains unclear. The question constantly in the background is Turkey’s position. Will Ankara allow the Cypriot field to be developed, or will it take assertive steps to make that development conditional on political agreements? It can be argued that the involvement of a huge American company – one that will have the support of the American government in case of tensions or disputes – should soften Turkish opposition. To this must be added the significant improvement that has recently taken place in the relationship between Turkey and Egypt. As mentioned, the latter is in dire need of gas, and the Aphrodite field is close by.
However, the Cypriot conflict is seen by Ankara as a matter of prime strategic importance. The secular opposition parties often take an even more rigid and nationalistic stance than does the Erdogan administration. To this must be added the uncomfortable situation in which Turkish foreign policy finds itself regarding the war in Gaza and its exclusion from any involvement in it.
From a regional perspective, the development of the Aphrodite field, and its connection to Egypt, highlights a fascinating regional relationship that has been forged in recent years following the gas discoveries. This will strengthen Egypt’s current position as well as its ambition to be a regional energy hub (though this would not greatly please Turkey).
Is all of this good for Israel? The answer is yes.
From a political point of view, the strategy that has developed in recent years of strengthening the regional architecture, with Israel occupying a central place, is in line with Israeli interests. So is the strengthening of Egypt and Cyprus. The Turkish alternative to exporting Israeli gas is not on the agenda, certainly following the war in Gaza.
From an economic point of view, the dispute surrounding the Israeli part of the Cypriot field will be resolved in commercial negotiations among the companies and will not necessarily require government involvement. This is good for the Israeli companies concerned and for Israel itself.
The development of the field and its connection to Egypt may strengthen the feasibility of connecting it to the Leviathan reservoir, but this does not reduce Israel’s room for maneuver regarding other possible alternatives, whether a liquefaction facility at sea (FLNG) or another alternative (connection to the liquefaction facility on the Cypriot coast, for example).
Despite the progress that has likely been made between the companies and the Cypriot government, challenges remain. All the parties concerned, companies and governments alike, will have to conduct proactive and creative diplomacy to turn the development of a relatively small but commercial gas field in a highly complex region into a reality.
Ambassador (ret.) Michael Harari joined the Israeli Foreign Ministry and served more than 30 years in a range of diplomatic roles in Israel and abroad, including (among others) in Cairo, London and Nicosia. His final position abroad was as Israeli Ambassador to Cyprus (2010-2015). Today he serves as a consultant in the fields of strategy, policy and energy and lectures in the Political Science Department at the Jezreel Valley College. A version of this article was originally published by the BESA Center.
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Iran Rejects US Nuclear Proposal, Says ‘Counteroffer’ Coming as Talks Stall Over Uranium Enrichment, Sanctions
Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, May 20, 2025. Photo: Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS
Iran has denounced the latest nuclear proposal from the United States as “unprofessional and untechnical,” reaffirming the country’s right to enrich uranium and announcing plans to present a counteroffer in the coming days.
“After receiving the American proposal regarding the Iranian nuclear program, we are now preparing a counteroffer,” Ali Shamkhnai, political adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei, said in an interview on Wednesday.
Shamkhani criticized the White House draft proposal as “not well thought out,” emphasizing its alleged failure to address sanction relief — a key demand for Tehran under any deal with Washington.
“There is no mention whatsoever of lifting sanctions in the latest American proposal, even though the issue of sanctions is a fundamental matter for Iran,” Shamkhnai said.
The Iranian official also warned that Tehran will not allow the US to dismantle its “peaceful nuclear program” or force uranium enrichment down to zero.
“Iran will never relinquish its natural rights,” Shamkhani said.
Washington’s draft proposal for a new nuclear deal was delivered by Omani officials — who have been mediating negotiations between Iranian Foreign Minister Abbas Araghchi and US Special Envoy to the Middle East Steve Witkoff — during last month’s talks in Rome.
On Wednesday, Khamenei dismissed such an offer, saying it “contradicts our nation’s belief in self-reliance” and runs counter to Iran’s key objectives.
“The proposal that the Americans have presented is 100 percent against our interests,” the Iranian leader said during a televised speech.
“The rude and arrogant leaders of America repeatedly demand that we should not have a nuclear program. Who are you to decide whether Iran should have enrichment?” Khamenei continued.
After five rounds of talks, diplomatic efforts have yet to yield results as both adversaries clash over Iran’s demand to maintain its domestic uranium enrichment program — a condition the White House has firmly rejected.
In April, Tehran and Washington held their first official nuclear negotiation since the US withdrew from a now-defunct 2015 nuclear deal that had imposed temporary limits on Iran’s nuclear program in exchange for sanction relief.
Since taking office, US President Donald Trump has sought to curtail Tehran’s potential to develop a nuclear weapon that could spark a regional arms race and pose a threat to Israel.
Meanwhile, Iran seeks to have Western sanctions on its oil-dependent economy lifted, while maintaining its nuclear enrichment program — which the country insists is solely for civilian purposes.
As part of the Trump administration’s “maximum pressure” campaign against Iran — which aims to cut the country’s crude exports to zero and prevent it from obtaining a nuclear weapon — Washington has been targeting Tehran’s oil industry with mounting sanctions.
Amid the ongoing diplomatic deadlock, Israel has declared it will never allow the Islamist regime to acquire nuclear weapons, as the country views Iran’s nuclear program as an existential threat.
However, Israeli Prime Minister Benjamin Netanyahu pledged to uphold any agreement that prevents Tehran from enriching uranium.
“But in any case, Israel maintains the right to defend itself from a regime that is threatening to annihilate it,” Netanyahu said in a press conference last month, following reports that Jerusalem could strike Iranian nuclear sites if ongoing negotiations between Washington and Tehran fail.
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Day After Colorado Attack, Founder of Anti-Israel Group Chides Activists Who Are Insufficiently ‘Pro-Resistance’
Nerdeen Kiswani, founder of WithinOurLifetime (WOL), leading a pro-Hamas demonstration in New York City on Aug. 14, 2024. Photo: Michael Nigro via Reuters Connect
Nerdeen Kiswani, the founder of the radical anti-Israel organization Within Our Lifetime, chastised those within the pro-Palestinian movement who only support “resistance” in the abstract but not in practice following Sunday’s antisemitic attack in Boulder, Colorado.
“A lot of people who call themselves anti-Zionist or pro-resistance don’t actually understand what resistance is,” Kiswani posted on X/Twitter on Monday. “They support it in theory, but when it shows up in practice, they hesitate, distance themselves, or shift the conversation entirely.”
She continued, “And it makes it even harder for those of us who are principled to take public stances. We’re already marginalized, already painted as extreme or dangerous and that isolation only deepens when others in the movement won’t stand firm when it counts.”
Kiswani’s comments came the day after a man threw Molotov cocktails at a Boulder gathering where participants were rallying in support of the Israeli hostages who remain in captivity in Gaza — which resulted in 15 injuries, including some critically, in what US authorities called a targeted terrorist attack. Her tweets also came less than two weeks after a gunman murdered two Israeli embassy staffers in Washington, DC, while they were leaving an at the Capital Jewish Museum hosted by the American Jewish Committee. In both attacks, the perpetrator yelled “Free Palestine” as they targeted innocent civilians, according to the Federal Bureau of Investigation (FBI).
After Kiswani’s social media posts sparked some backlash among pro-Israel users on X, she provided limited pushback on the idea that it was an expression of support for the prior day’s attack in Colorado.
“Zionists are freaking out in the QTs about this, insisting it’s about Colorado,” she wrote. “Newsflash: the world doesn’t revolve around you. Resistance hasn’t stopped in Gaza, look at what just happened in Jabalia [where three IDF soldiers were killed] for instance. The perpetual victimhood is getting old.”
However, Kiswani did not say her comment had no connection to the attack in Colorado, and she did not say that she opposed the firebombing.
Kiswani and her group, Within Our Lifetime (WOL), have been at the forefront of anti-Israel and pro-Hamas activism since Hamas-led Palestinian terrorists killed 1,200 people and abducted 251 hostages during their invasion of southern Israel on Oct. 7, 2023, a massacre that started the war in Gaza.
On Oct. 8, 2023, one day after the biggest single-day slaughter of Jews since the Holocaust, WOL organized a protest to celebrate the prior day’s attack, which it described as an effort to “defend the heroic Palestinian resistance.” Kiswani notably refused to condemn Hamas and the Oct. 7 massacre following the atrocities.
Then, in Apil 2024, Kiswani refused to condemn the chant “Death to America” and organized a mass demonstration to block the “arteries of capitalism” by staging a blockade of commercial shipping ports across the world in protest of Western support for the Jewish state. That same month, she was banned from Columbia University’s campus in New York City after leading chants calling for an “intifada,” or violent uprising.
The following month, Kiswani led a demonstration in Brooklyn, New York in which she lambasted the local police department, claimed then-US President Joe Biden will soon die, and called for the destruction of Israel.
That proceeded the activist saying she does not want Zionists “anywhere” in the world while speaking in defense of a person who called for “Zionists” to leave a crowded subway car in New York City.
WOL, which planned a protest last year to celebrate the one-year anniversary of the Oct. 7 massacre, was also behind demonstrations at the Nova Music Festival exhibit, which commemorated the more than 300 civilians slaughtered by Hamas while at a music festival.
The latter protest prompted widespread condemnation, including from Biden and even progressive members of the US Congress who are outspoken against Israel.
US Rep. Alexandria Ocasio-Cortez (D-NY), for example, posted on social media that the “callousness, dehumanization, and targeting of Jews on display at last night’s protest outside the Nova Festival exhibit was atrocious antisemitism – plain and simple.”
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Israel’s Defense Exports Hit Record $15 Billion in 2024 Despite European Pressure, Calls for Arms Embargo
Israeli troops on the ground in Gaza. Photo: IDF via Reuters
Israel reached a new all-time high in defense exports in 2024, nearing $15 billion — the fourth consecutive year of record-breaking sales — despite mounting international criticism over the war in Gaza and growing pressure from European countries to suspend arms deals.
In a press release on Wednesday, Israel’s Defense Ministry announced that defense exports reached over $14.7 billion last year — a 13 percent increase from 2023 — with more than half of the deals valued at over $100 million.
According to the ministry, Israel’s military exports have more than doubled over the past five years, highlighting the industry’s rapid expansion and growing global demand.
“This tremendous achievement is a direct result of the successes of the IDF [Israel Defense Forces] and defense industries against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, the Ayatollah regime in Iran, and in additional arenas where we operate against Israel’s enemies,” Israeli Defense Minister Israel Katz said in a statement.
“The world sees Israeli strength and seeks to be a partner in it. We will continue strengthening the IDF and the Israeli economy through security innovation to ensure clear superiority against any threat – anywhere and anytime,” Katz continued.
In 2024, over half of the Jewish state’s defense contracts were with European countries — up from 35 percent the previous year — as many in the region have increased their defense spending following Russia’s 2022 invasion of Ukraine.
Despite increasing pressure and widespread anti-Israel sentiment among European governments amid the current conflict in Gaza, this latest data seems to contradict recent calls by European leaders to impose an arms embargo on the Jewish state over its defensive campaign in Gaza against the Palestinian terrorist group Hamas.
On Wednesday, Germany reversed its earlier threat to halt arms deliveries to Israel, reaffirming its commitment to continue cooperation and maintain defense contracts with Jerusalem.
“Germany will continue to support the State of Israel, including with arms deliveries,” German Foreign Minister Johann Wadephul told lawmakers in parliament.
Last week, Berlin warned it would take unspecified measures against Israel if it continued its military campaign in Gaza, citing concerns that exported weapons were being used in violation of humanitarian law.
“Our full support for the right to exist and the security of the State of Israel must not be instrumentalized for the conflict and the warfare currently being waged in the Gaza Strip,” Wadephul said in a statement.
Germany would be “examining whether what is happening in the Gaza Strip is compatible with international humanitarian law,” he continued. “Further arms deliveries will be authorized based on the outcome of that review.”
Spain and Ireland are among the countries in Europe that have threatened or taken steps to limit arms deals with Israel, while others such as France have threatened unspecified harsh measures against the Jewish state.
According to the Israeli defense ministry’s report, since the outbreak of war on Oct. 7, 2023, after the Hamas-led invasion of and massacre across southern Israel, the operational successes and proven battlefield performance of Israeli systems have fueled strong international demand for Israel’s defense technology.
Last year, the export of missiles, rockets, and air defense systems reached a new high, making up 48 percent of the total deal volume — up from 36 percent in 2023.
Similarly, satellite and space systems exports surged, accounting for 8 percent of total deals in 2024 — quadrupling their share from 2 percent in 2023.
While Europe dominated Israel’s defense export market in 2024, significant portions also went to other regions. Asia and the Pacific made up 23 percent of total sales — slightly lower than in previous years, when the region approached 30 percent.
Exports to Abraham Accords countries fell to 12 percent, down from 23 percent in 2022, while North America remained stable at around 9 percent.
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