Wednesday, February 21, 2018

Cyprus Pres.:Gas Search Off Island to Continue; Rejects Turkish Belief That Search Snubs Turks

A search for gas off the island of Cyprus will benefit all the ethnically divided island's citizens, and will continue as planned despite Turkey's effort to block it, the Cypriot president said today (February 21, 2018), according to the Yahoo News website.


President Nicos Anastasiades said in a statement that any potential wealth generated by new gas finds would be shared equitably with all Cyprus citizens once the island is reunified.


Anastasiades rejected Turkish criticism that the hydrocarbons search disregarded the rights of breakaway Turkish Cypriots on the Greek-majority island.


He added that any gas proceeds would be deposited in a sovereign fund awaiting parliamentary approval.

No comments:

Post a Comment