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09.06.23 – Energy Minister sees hydrocarbons as potential means to Cyprus issue settlement

Energy, Commerce and Industry Minister George Papanastasiou said that the exploitation of natural gas in the country’s Exclusive Economic Zone could be done in ways that would help bring about a settlement with Turkey to the long-stranding Cyprus issue.

Addressing an audience of investors and professionals at this year’s Economist’s ‘Cyprus Investment Summit’ at the London Stock Exchange on Friday, Papanastasiou responded to a question on Turkey, noting that “we want to provide solutions that are attractive to Turkey so that the political problem is solved, (so that) the energy is used as means towards a resolution of the political problem.”

“The new government is not blocking the routes towards using the energy as a tool that will provide fertile ground in order for the two parties to sit together and get a resolution to the wider political problem,” he added.

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