World Bulletin: Gaza raids jeopardise Turkey-Israel joint Cyprus gas venture

Turkey is considered as the most reliable route for Israel to export its natural gas by many economists, however the recent Israeli military operation in Gaza has created a further backsliding in Turkish-Israeli rapprochement.

With Israel now locked into more violence with the Palestinians and subject to wider problems given such regional conflicts like the Syrian civil war and Iraq’s latest upsurge in violence, Tel Aviv is now looking for a stable partner for energy exports.

The recently discovered Leviathan gas field off the coast of Israel is a major find in a region which holds nearly 620 billion cubic meters of gas.

However, compensation talks with Israel for the families of the Turkish victims of the Israeli raid on a Gaza aid flotilla in 2010 were contiuning but the recent Gaza operation has now increased obstacles to improving Turkish - Israeli relations.
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