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23.05.2014 11:11
Biden: Cyprus Is Poised to Become Key Gas Player in the Mediterranean
US vice-president Joe Biden also saw ground for possible Greek-Turkish dispute
AUTHOR: publics.bg

  • Satellite image of Cyprus
    © NASA

The rising importance of the energy potential of Cyprus, as well as the possible solution of the longstanding political division of the island were among the key topics tackled by US vice-president Joe Biden during his Wednesday in Cyprus. Biden is the most senior US official to visit Cyprus in more than 50 years, international media noted.

“There is clearly a lot of work to be done but what I am hearing gives me hope a solution [of the Greek-Turkish dispute] is within reach this time,” he told journalists against the backdrop of a crumbling hotel straddling a United Nations-controlled buffer zone bisecting the capital Nicosia, Reuters reported.

With the discovery of vast reserves of oil and natural gas deposits in the eastern Mediterranean, the visit also highlights the growing importance Washington has given to the region following the crisis in the Ukraine. If unlocked, the hydrocarbons have the potential to substantially reduce Europe's reliance on Russia for energy supplies, the Guardian wrote.

"Cyprus is poised to become a key player ... transforming the eastern Mediterranean into a new global hub for natural gas," Biden said.


TAGS: Joe Bide | US | Cyprus | Turkey | Greece | natural gas | energy | MEditerranean 


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