Israel Electric Corp to join bid for Cyprus exploration licenses

Israel Electric Corp is planning to join Modiin-LP, Isramco Negev 2 LP and ATP Oil & Gas Corp to bid for gas exploration licenses in Cyprus, Calcalist reported Wednesday without saying where it obtained the information.

Israel Electric said it does not comment on commercial issues that have not yet developed, according to an e-mailed response on a request for comment. [Bloomberg]- 

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