BUSINESS

Cyprus president hails energy boost for Turkey

Cyprus’s president says an agreement to reunify the ethnically divided Mediterranean island nation would help ease Turkey’s energy needs.

In an interview with The Associated Press on Monday, Nicos Anastasiades stated that a deal would allow Turkey to be supplied with newly found Cypriot and Israeli natural gas and contribute to improving relations between Ankara and Tel Aviv.

“A Cyprus settlement, reached as quickly as possible, will assist not only in Israeli [gas export] planning, but also contribute greatly to restoring relations with Turkey,” Anastasiades said.

He noted that the United States was instrumental in the resumption of stalled peace talks with breakaway Turkish Cypriots and that the growing interest in an accord is grounded in the potential for regional energy cooperation and helping to dampen down instability in a turbulent area.

He added Israel could also export its offshore gas to Turkey through a reunified Cyprus and that Israeli Prime Minister Benjamin Netanyahu may visit Cyprus in the spring.

[AP]

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