Reuters: Cyprus says could offer Europe alternative gas supply

Cyprus could offer Europe an alternative source of gas supplies, Cypriot President Nicos Anastasiades said during a visit to Berlin on Tuesday, potentially reducing the region's dependence on Russian natural gas.

A third of the EU's gas demand is met by Russia, with almost half of that passing through Ukraine, which is in a pricing dispute with Russian gas exporter Gazprom. Europe has become wary of relying heavily on Russian energy since Moscow annexed Ukraine's Black Sea Crimea peninsula in March.

"Cyprus should be developed into an energy centre that helps to reduce other dependencies," Anastasiades said after meeting German Chancellor Angela Merkel.
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