Prime Minister Netanyahu will be going to Cyprus on February 16 in
what is the first-ever visit by an Israeli prime minister to the
island country. Netanyahu hopes to increase cooperation with Cyprus in
underwater drilling for natural gas in the Eastern Mediterranean, as
well as security cooperation in the wake of the crisis in Israel's
relations with Turkey. Over the past few days, Cypriot media outlets
have reported that Israel and Cyprus have signed a cooperation
agreement relating to the protection of natural gas drilling sites.
Recent discoveries of underwater natural gas reserves in Israeli and
Cypriot economic waters are of strategic importance to both countries
and are expected to bring in tens of billions of dollars into the
countries' economies.



