Turkey is best route to export Cyprus gas to Europe, EU min
ANKARAJul 01, 2014 - 12:00 am GMT+3
Jul 01, 2014 12:00 am
Turkey is the best route for sending offshore natural gas from Cyprus to Europe, Turkish EU Minister Mevlüt Çavuşoğlu has said.
Çavuşoğlu's comments on Tuesday came amid growing expectations that the reserves from the Aphrodite gas field off the southern coast of Cyprus - estimated to be about 200 billion cubic meters - could prove a catalyst for peace and cooperation in the region.
Çavuşoğlu said the construction of a pipeline to transport the gas from offshore Cyprus would aid, both politically and financially, peace talks between the Turkish Republic of Northern Cyprus and Greek Cypriot leaders which resumed in February after a year-long hiatus.
"Turkey wants a permanent solution and peace in Cyprus," Çavuşoğlu said during a meeting with the President of the Turkish Cypriot Chamber of Commerce, Fikri Toros in Ankara.
He added that the value of the reserves around Cyprus had yet to be calculated.
Çavuşoğlu also said that Turkey and the Turkish Cypriot Chamber of Commerce had close trade relations, especially concerning the free movement of goods and lifting trade barriers against the Turkish Republic of Northern Cyprus exporting its goods.
Fields licensed by Greek Cypriots for the search for natural gas overlap those licensed by the Turkish Republic of Northern Cyprus.
The Cyprus peace talks, which had stalled in January 2012, resumed in February, with the distribution of the gas found in Aphrodite being among the negotiations' most important topics.