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CYPRUS INTEGRAL TO EU ENERGY

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06-07-2014

CYPRUS INTEGRAL TO EU ENERGY

President Nicos Anastasiades recently announced that other European Union countries now recognise Cyprus’ potential to become a new conduit for natural gas to the continent. Speaking after an EU summit in Brussels, he explained “With regard to issues concerning energy and, more specifically, in relation to the effort to terminate the dependence of the EU on certain sources and energy routes, I stressed that Cyprus, as a member state with recent important discoveries of hydrocarbons within its Exclusive Economic Zone, can contribute decisively to the effort of the EU for the integration of the internal energy market and the development of the necessary connections, in order to end any energy isolation.”He added, “We believe that the Eastern Mediterranean region can become an energy production and supply hub of natural gas and that Cyprus as a future producer of natural gas is an integral part of this planning. I welcome the fact that our partners acknowledge our country as an alternative energy route for Europe. Within this framework we shall be in continuous contact with the European Commission for the coordination of our actions.” The President added that the geostrategic position of Cyprus as well as its excellent relations with the Arab world and Israel, can contribute to the benefit of this planning.
 

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