According to reports, Sylikiotis's ministry submitted plans to the European Commission last month for a pipeline that would link Cypriot and Israeli gas fields with the Greek natural gas network. An estimated 7 trillion cubic feet of gas lies in Block 12 of Cyprus's exclusive economic zone (EEZ). Noble Energy and Delek Group are among the companies bidding for offshore exploration licenses in Cyprus. These two companies, along with other explorers, have discovered a reported 26 trillion cubic feet of gas in the Leviathan and Tamar fields under the Mediterranean Sea, worth some 200 billion euros at today's prices and enough to supply Israel's needs for 150 years. Israel wants to export some of this gas and is reportedly examining plans to ship liquefied natural gas, or LNG, as far as Asia after 2018. But some government officials believe that most should be kept to cover the country's own energy needs.