Tag Archives: energy

Anastasiades at Αnadolu Agency: ‘Εnergy can become a catalyst for peace’

Anastasiades at Αnadolu Agency: ‘Εnergy can become a catalyst for peace’

Future energy cooperation could help bring about unity in Cyprus and stability to the wider eastern Mediterranean, Greek Cypriot leader Nicos Anastasiades has told Anadolu Agency. In an interview conducted via email, he said the major natural gas fields discovered in 2009 would promote collaboration between regional actors. “Energy cooperation in the region can transform

Solution of Cyprus issue will reduce Turkeys & EUs dependence on Russian gas

By Nuran Erkul  Gas reserves in the Eastern Mediterranean, along with the solution of Cyprus issue, are likely to reduce both Turkey’s and the EU’s dependence on Russian gas, International Energy Agency (IEA) head said on Friday. Speaking to Anadolu Agency on the sidelines of World Economic Forum in Davos, Fatih Birol, head of the

Think before you speak

By now, an experienced politician like Mustafa Akinci should know the impact that provocative statements can have on Cyprus’ reunification process. As such, the Turkish Cypriot leader’s recent comment on gas – and namely that the Republic’s mismanagement could be a casus belli –can only be perceived as provocative. Even if it wasn’t, it was

Egypt gas offers powerful economic incentives for Cypriot reunification

n August 30, the Italian state-controlled energy company Eni announced the discovery of a “supergiant” gas field off the coast of Egypt. According to initial assessments, the Zohr field contains 30 trillion cubic feet (Tcf) of natural gas (equivalent to 5.5 billion barrels of oil), making it the largest ever discovery of gas in the

Anastasiades and Cameron discuss Cyprus talks,EU reform,refugee crisis and energy issues

The developments regarding the Cyprus issue settlement talks, the current refugee crisis engulfing Europe, Britain’s aim to reform the EU and energy matters were discussed during President Nicos Anastasiades’s meeting with Prime Minister David Cameron in London on Friday afternoon. The Government Spokesman Nicos Christodoulides, who is accompanying the President, said that it had been

Populism, a roaring trade

A couple of hours after ENI announced  the giant – 30 trillion cubic feet – natural gas discovery in Egypt’s Shorouk Block (adjacent to Cyrpus’ EEZ block 11), the usual suspects started flooding the media with press releases and public statements. Political parties, such as Diko, Edek, Citizens’ Alliance and the Greens without having any

Troodos planning and gas problems

Tanned and relaxed from his family holidays in the exotic Seychelles, Nicos Anastasiades comes back to Cyprus today to face a politically challenging autumn. He’s expected to go straight to the Presidential retreat in Troodos, where he will be planning with aides his next moves from August 24 onwards. I hear that one of his

Anastasiades sees progress in Cyprus talks #Reuters

Negotiations to settle Cyprus’s division are starting to show some progress, Cypriot President Nicos Anastasiades said on Thursday, an unusually upbeat assessment on prospects of ending one of Europe’s most enduring conflicts. Anastasiades, who represents the Greek Cypriot community in reunification talks with Turkish Cypriots, told Reuters in an interview that some “convergences” had started

Akel’s terms have been already satisfied

Red lines Andros Kyprianou, the leader of Akel, has a good reason to be pleased these days. The President, Nicos Anastasiades, briefs him on Cyprob and seemingly listens to Andros’ views when they meet at the Palace on a one-to-one basis. Anastasiades knows that without Akelite support he won’t be able to sell an agreement