Israel, Turkey see Cypriot-Greek energy gate to EU


A staff member works on a Homer Ferrington rig operated by Noble Energy in the east Mediterranean, November 21, 2011.

The development of hydrocarbons in Eastern Mediterranean can be a catalyst for the Cyprus problem, a Cypriot MEP tells New Europe

STRASBOURG – The development of hydrocarbon reserves in eastern Mediterranean can boost “cooperation and peace” between the countries in the region and is important for the European Union’s energy security, Neoklis Sylikiotis, a Cypriot MEP and former energy minister, told New Europe.

The Member of European Parliament highlighted the Mediterranean island’s geostrategic importance, following the discovery of hydrocarbons in the Cypriot exclusive economic zone (EEZ) and the agreements Nicosia h...

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