Tuesday, November 18, 2014

Cyprus not too small to play role in european energy market | Famagusta Gazette

Cyprus not too small to play role in european energy market
Amos Hochstein
Amos Hochstein
CYPRUS - FAMAGUSTA GAZETTE
• Tuesday, 18 November, 2014
AN OFFICIAL from the US government has said that Cyprus is not too small to play a part in the European Energy Market.

Acting Special Envoy and Coordinator for Energy Affairs at the US State Department Amos Hochstein has said that the best way to commercialize Cyprus` natural gas is by looking at the Eastern Mediterranean as a whole.

"We have to identify a way for taking advantage of existing infrastructure," he said.

Asked if natural gas resources in Cyprus are too small to play any role in the European supply, he replied that "I do not think it is too small”, noting that "we are at the beginning of the process of identifying what the size of the reservoirs of recoverable gas is in Cyprus”.

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Link to source: http://famagusta-gazette.com/cyprus-not-too-small-to-play-role-in-european-energy-market-p26617-69.htm