Cypriot Energy Minister discusses energy security and investments in Washington

Cypriot Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis met in Washington with Sue Saarnio, State Department acting Special Envoy and Coordinator for International Energy Affairs, with whom he discussed strengthening Cyprus’ energy security and investment opportunities for US companies.

Lakkotrypis, who is in the US for a meeting in New York focusing on international business opportunities in Cyprus or via Cyprus, said in statements that they discussed energy developments in the Middle East and the significance of energy reserves there for the energy security of Europe. The same issue was also raised by Secretary of State Rex Tillerson in a speech at the Wilson Centre.

The message is that we have their support, but we still have work to do regarding briefing the State Department, where there is a new team on energy issues, he said.

Lakkotrypis said Saarnio, who is standing in for Amos Hochstein who resigned with the change in administration, reiterated the longstanding US support to Cyprus’ sovereign right to explore and exploit its natural resources in its exclusive economic zone.

During his stay in Washington, Lakkotrypis met with members of the Atlantic Council think tank, to discuss energy matters and broader developments in the region.

Everyone sees a deterioration in US-Turkey relations and indeed believe they will worsen, he said.

Lakkotrypis also met with an official from ExxonMobil.

Source: Cyprus News Agency