A moratorium in the EEZ would signal the end of all Cyprus energy prospects, outgoing Energy Minister says

A moratorium in hydrocarbon activities in the exclusive economic zone (EEZ) of the Republic of Cyprus, due to Cyprus settlement efforts or ongoing Turkish provocations, would signal “the end of all energy prospects for the country” Minister of Energy, Commerce and Industry, Yiorgos Lakkotrypis, said on Monday. The Minister delivered his remarks during a press conference, in Nicosia, while taking stock of the work of his Ministry from 2013 until 2020, as his term comes to an end this Friday.
 
Referring to the decision of energy companies to postpone their activities in the EEZ of Cyprus, due to the pandemic, the outgoing Minister said that they informed Nicosia in writing about their decision to resume activities once this is made possible again, in March-April 2021.

(CNA)

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from Cyprus News Agency
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